718 Harrison StKewaneeIL61443
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 718 Harrison St, Kewanee, IL, 61443 in Kewanee. At $160,000 it earns $1,410/mo in rent and distributes $300/mo to the owner after the $719/mo payment, a consistent 10.57% yield. DSCR 1.96 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $44,205 in value; $1,474/yr in principal paydown compounds ownership stake. Total projected return: $79,540.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $300 | $150 |
City averages based on Kewanee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,410 |
| Total Monthly Debt Service | $1,063 |
| DSCR Ratio | 1.33x |
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.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
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 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61443, Kewanee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,351 (100%) |
| Owner Occupied HU | 4,022 (63.3%) |
| Renter Occupied HU | 1,568 (24.7%) |
| Vacant Housing Units | 761 (12.0%) |
| Median Home Value | $86,468 |
| Average Home Value | $130,548 |
Housing Distribution
Address Breakdown
Residential
5,804
Single Family
5,476
Multi-Family
328
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phillip Esquer • Arrow Real Estate Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266370
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.