75 Wildman RdGolcondaIL62938
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 75 Wildman Rd, Golconda, IL, 62938 in Golconda aligned with their strategy. Rental yield 7.64%. DSCR 1.42 and 7.64% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $2,431/yr in paydown build toward a projected cumulative return of $91,278.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 6.0% |
| Monthly Cash Flow | $(150) | $150 |
City averages based on Golconda market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $1,725 |
| DSCR Ratio | 0.97x |
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 2005
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62938, Golconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,718 (100%) |
| Owner Occupied HU | 1,004 (58.4%) |
| Renter Occupied HU | 219 (12.7%) |
| Vacant Housing Units | 495 (28.8%) |
| Median Home Value | $174,788 |
| Average Home Value | $201,892 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,134
Multi-Family
0
Businesses
89
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 2005
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62938, Golconda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,718 (100%) |
| Owner Occupied HU | 1,004 (58.4%) |
| Renter Occupied HU | 219 (12.7%) |
| Vacant Housing Units | 495 (28.8%) |
| Median Home Value | $174,788 |
| Average Home Value | $201,892 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,134
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas A Clay • Farmer & Co. Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455938
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.