6211 Maple St UNIT 603MarengoIL60152
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 6211 Maple St UNIT 603, Marengo, IL, 60152 in Marengo speaks for itself: 14.9% gross on a $215,000 price, generating $2,670/mo in rent and $929/mo in net income after the $967/mo debt service. DSCR 2.76, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,145 stacks alongside $59,401 in projected five-year appreciation and $1,980/yr in principal reduction. Projected total cumulative return: $143,104.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.9% | 7.0% |
| Monthly Cash Flow | $929 | $1,200 |
City averages based on Marengo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,670 |
| Total Monthly Debt Service | $1,656 |
| DSCR Ratio | 1.61x |
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.
Condo
Built in 1989
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60152, Marengo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,144 (100%) |
| Owner Occupied HU | 3,846 (74.8%) |
| Renter Occupied HU | 1,057 (20.5%) |
| Vacant Housing Units | 241 ( 4.7%) |
| Median Home Value | $328,944 |
| Average Home Value | $356,481 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,690
Multi-Family
186
Businesses
326
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
Condo
Built in 1989
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60152, Marengo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,144 (100%) |
| Owner Occupied HU | 3,846 (74.8%) |
| Renter Occupied HU | 1,057 (20.5%) |
| Vacant Housing Units | 241 ( 4.7%) |
| Median Home Value | $328,944 |
| Average Home Value | $356,481 |
Housing Distribution
Address Breakdown
Residential
4,876
Single Family
4,690
Multi-Family
186
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices