639 Queens CtRocktonIL61072
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowReliable, bankable, and well-priced, 639 Queens Ct, Rockton, IL, 61072 in Rockton delivers $1,707/mo in gross rent and $283/mo in net monthly income at a $180,000 entry. The 11.38% yield and 2.11 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $49,731 over five years and $1,658/yr in equity from loan paydown, total projected return is $87,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $283 | $300 |
City averages based on Rockton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,707 |
| Total Monthly Debt Service | $1,352 |
| DSCR Ratio | 1.26x |
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 2005
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61072, Rockton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,483 (100%) |
| Owner Occupied HU | 3,619 (80.7%) |
| Renter Occupied HU | 702 (15.7%) |
| Vacant Housing Units | 162 ( 3.6%) |
| Median Home Value | $223,654 |
| Average Home Value | $242,539 |
Housing Distribution
Address Breakdown
Residential
4,441
Single Family
4,339
Multi-Family
102
Businesses
186
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 2005
N/A lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61072, Rockton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,483 (100%) |
| Owner Occupied HU | 3,619 (80.7%) |
| Renter Occupied HU | 702 (15.7%) |
| Vacant Housing Units | 162 ( 3.6%) |
| Median Home Value | $223,654 |
| Average Home Value | $242,539 |
Housing Distribution
Address Breakdown
Residential
4,441
Single Family
4,339
Multi-Family
102
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Wallschlaeger • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202501954
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.