706 Monroe StPawneeIL62558
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 706 Monroe St, Pawnee, IL, 62558 in Pawnee at $349,900. Rental yield 7.04%. The 7.04% yield and 1.31 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $96,671 by year five, and $3,223/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $109,786.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.0% |
| Monthly Cash Flow | $(374) | $300 |
City averages based on Pawnee market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,053 |
| Total Monthly Debt Service | $2,288 |
| DSCR Ratio | 0.90x |
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 N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62558, Pawnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,585 (100%) |
| Owner Occupied HU | 1,193 (75.3%) |
| Renter Occupied HU | 255 (16.1%) |
| Vacant Housing Units | 137 ( 8.6%) |
| Median Home Value | $197,624 |
| Average Home Value | $210,166 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,185
Multi-Family
30
Businesses
64
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 N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62558, Pawnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,585 (100%) |
| Owner Occupied HU | 1,193 (75.3%) |
| Renter Occupied HU | 255 (16.1%) |
| Vacant Housing Units | 137 ( 8.6%) |
| Median Home Value | $197,624 |
| Average Home Value | $210,166 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,185
Multi-Family
30
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices