620 E Reily StMarissaIL62257
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play620 E Reily St, Marissa, IL, 62257 in Marissa is priced for appreciation, not yield. Rental yield 2.88%. At $195,000 with a 2.88% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $53,875 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.53) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $17,641.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 4.0% |
| Monthly Cash Flow | $(885) | $200 |
City averages based on Marissa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $468 |
| Total Monthly Debt Service | $1,275 |
| DSCR Ratio | 0.37x |
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 1948
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62257, Marissa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 946 (71.5%) |
| Renter Occupied HU | 204 (15.4%) |
| Vacant Housing Units | 173 (13.1%) |
| Median Home Value | $183,475 |
| Average Home Value | $220,122 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,169
Multi-Family
24
Businesses
96
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 1948
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62257, Marissa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,323 (100%) |
| Owner Occupied HU | 946 (71.5%) |
| Renter Occupied HU | 204 (15.4%) |
| Vacant Housing Units | 173 (13.1%) |
| Median Home Value | $183,475 |
| Average Home Value | $220,122 |
Housing Distribution
Address Breakdown
Residential
1,193
Single Family
1,169
Multi-Family
24
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices