722 County Road 650 EToledoIL62468
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 722 County Road 650 E, Toledo, IL, 62468 in Toledo offers a clean, manageable entry. Rental yield 7.43%. DSCR 1.38 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $112,585 in additional property value over five years, with $3,753/yr in principal equity building ownership stake. Total projected cumulative return: $136,380.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 8.0% |
| Monthly Cash Flow | $(303) | $1,200 |
City averages based on Toledo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,523 |
| Total Monthly Debt Service | $2,664 |
| DSCR Ratio | 0.95x |
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 1990
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62468, Toledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 883 (76.9%) |
| Renter Occupied HU | 170 (14.8%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $152,043 |
| Average Home Value | $199,703 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
968
Multi-Family
0
Businesses
84
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 1990
23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62468, Toledo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 883 (76.9%) |
| Renter Occupied HU | 170 (14.8%) |
| Vacant Housing Units | 95 ( 8.3%) |
| Median Home Value | $152,043 |
| Average Home Value | $199,703 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
968
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
