720 Smit RdProphetstownIL61277
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 720 Smit Rd, Prophetstown, IL, 61277 in Prophetstown achieves a 1.54 ratio at $330,000: $2,280/mo rent versus $1,484/mo debt service. Rental yield 8.29%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.29% yield compounds alongside 5% annual appreciation projecting $91,173 in value. Total projected cumulative return: $125,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(9) | $1,200 |
City averages based on Prophetstown 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 | $2,280 |
| Total Monthly Debt Service | $2,158 |
| DSCR Ratio | 1.06x |
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 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61277, Prophetstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,053 (71.4%) |
| Renter Occupied HU | 252 (17.1%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $164,983 |
| Average Home Value | $205,166 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,312
Multi-Family
28
Businesses
98
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 2004
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61277, Prophetstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,475 (100%) |
| Owner Occupied HU | 1,053 (71.4%) |
| Renter Occupied HU | 252 (17.1%) |
| Vacant Housing Units | 170 (11.5%) |
| Median Home Value | $164,983 |
| Average Home Value | $205,166 |
Housing Distribution
Address Breakdown
Residential
1,340
Single Family
1,312
Multi-Family
28
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12644097