613 S Ottawa AveDixonIL61021
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 613 S Ottawa Ave, Dixon, IL, 61021 in Dixon deserves attention. This $122,500 property earns $1,454/mo in rent, a 14.25% gross yield, and nets $605/mo after the $551/mo payment. DSCR 2.64 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $33,844 compounds alongside $1,128/yr in yearly equity build, for a total cumulative return of $85,730.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.3% | 9.0% |
| Monthly Cash Flow | $605 | $300 |
City averages based on Dixon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,454 |
| Total Monthly Debt Service | $801 |
| DSCR Ratio | 1.82x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices