726 E Thompson AveHoopestonIL60942
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Hoopeston rental at 726 E Thompson Ave, Hoopeston, IL, 60942 sits in the solid-income band: 10.3% gross yield, $1,544/mo rent, $296/mo net after the $809/mo debt service, DSCR 1.91. Entry price of $180,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $49,731 and $1,658/yr in principal reduction bring total cumulative return to $87,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 9.2% |
| Monthly Cash Flow | $296 | $200 |
City averages based on Hoopeston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,544 |
| Total Monthly Debt Service | $1,177 |
| DSCR Ratio | 1.31x |
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 1945
10,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60942, Hoopeston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 1,657 (61.1%) |
| Renter Occupied HU | 720 (26.6%) |
| Vacant Housing Units | 334 (12.3%) |
| Median Home Value | $79,844 |
| Average Home Value | $120,211 |
Housing Distribution
Address Breakdown
Residential
2,538
Single Family
2,334
Multi-Family
204
Businesses
184
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 1945
10,416 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60942, Hoopeston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,711 (100%) |
| Owner Occupied HU | 1,657 (61.1%) |
| Renter Occupied HU | 720 (26.6%) |
| Vacant Housing Units | 334 (12.3%) |
| Median Home Value | $79,844 |
| Average Home Value | $120,211 |
Housing Distribution
Address Breakdown
Residential
2,538
Single Family
2,334
Multi-Family
204
Businesses
184
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices