7280 Buncombe RoadBuncombeIL62912
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 7280 Buncombe Road, Buncombe, IL, 62912 in Buncombe. At $162,000 it earns $1,358/mo in rent and distributes $235/mo to the owner after the $728/mo payment, a consistent 10.06% yield. DSCR 1.87 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $44,758 in value; $1,492/yr in principal paydown compounds ownership stake. Total projected return: $77,113.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $235 | $500 |
City averages based on Buncombe market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,358 |
| Total Monthly Debt Service | $1,059 |
| DSCR Ratio | 1.28x |
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 1940
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62912, Buncombe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 405 (76.6%) |
| Renter Occupied HU | 60 (11.3%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $191,447 |
| Average Home Value | $211,901 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
18
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 1940
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62912, Buncombe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 405 (76.6%) |
| Renter Occupied HU | 60 (11.3%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $191,447 |
| Average Home Value | $211,901 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices