619 S 6th StGirardIL62640
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 619 S 6th St, Girard, IL, 62640 in Girard is a conservative rental investment at $159,900. Rental yield 7.64%. A 1.42 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $44,177; $1,473/yr in principal paydown supplements. Total projected return: $55,327.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 7.0% |
| Monthly Cash Flow | $(91) | $150 |
City averages based on Girard market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,018 |
| Total Monthly Debt Service | $1,045 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1999
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62640, Girard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,192 (67.4%) |
| Renter Occupied HU | 311 (17.6%) |
| Vacant Housing Units | 266 (15.0%) |
| Median Home Value | $168,254 |
| Average Home Value | $205,048 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,516
Multi-Family
29
Businesses
79
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 1999
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62640, Girard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,769 (100%) |
| Owner Occupied HU | 1,192 (67.4%) |
| Renter Occupied HU | 311 (17.6%) |
| Vacant Housing Units | 266 (15.0%) |
| Median Home Value | $168,254 |
| Average Home Value | $205,048 |
Housing Distribution
Address Breakdown
Residential
1,545
Single Family
1,516
Multi-Family
29
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices