7480 W McConnell RdMc ConnellIL61050
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowNot flashy, but dependably profitable, 7480 W McConnell Rd, Mc Connell, IL, 61050 in Mc Connell is listed at $148,500 and delivers $1,288/mo in rent and $258/mo in net monthly cash flow. The 10.4% yield and 1.93 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $41,028 over five years, and $1,368/yr in principal reduction supplements cash return. Total projected cumulative return: $73,388.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 8.0% |
| Monthly Cash Flow | $258 | $1,500 |
City averages based on Mc Connell market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,288 |
| Total Monthly Debt Service | $971 |
| 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 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61050, Mc Connell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 127 (75.1%) |
| Renter Occupied HU | 26 (15.4%) |
| Vacant Housing Units | 16 ( 9.5%) |
| Median Home Value | $195,313 |
| Average Home Value | $284,606 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
121
Multi-Family
0
Businesses
10
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 1900
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61050, Mc Connell, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 169 (100%) |
| Owner Occupied HU | 127 (75.1%) |
| Renter Occupied HU | 26 (15.4%) |
| Vacant Housing Units | 16 ( 9.5%) |
| Median Home Value | $195,313 |
| Average Home Value | $284,606 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
121
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRIAN BORCHARDT • A-1 Agency
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404585
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.