804 15th AveFultonIL61252
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Fulton rental at 804 15th Ave, Fulton, IL, 61252 sits in the solid-income band: 11.76% gross yield, $1,538/mo rent, $449/mo net after the $706/mo debt service, DSCR 2.18. Entry price of $157,000 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 $43,376 and $1,446/yr in principal reduction bring total cumulative return to $88,971.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 7.0% |
| Monthly Cash Flow | $449 | $150 |
City averages based on Fulton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,538 |
| Total Monthly Debt Service | $1,027 |
| DSCR Ratio | 1.50x |
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
5,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61252, Fulton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,876 (71.8%) |
| Renter Occupied HU | 472 (18.1%) |
| Vacant Housing Units | 265 (10.1%) |
| Median Home Value | $164,495 |
| Average Home Value | $221,247 |
Housing Distribution
Address Breakdown
Residential
2,458
Single Family
2,395
Multi-Family
63
Businesses
203
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
5,376 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61252, Fulton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,876 (71.8%) |
| Renter Occupied HU | 472 (18.1%) |
| Vacant Housing Units | 265 (10.1%) |
| Median Home Value | $164,495 |
| Average Home Value | $221,247 |
Housing Distribution
Address Breakdown
Residential
2,458
Single Family
2,395
Multi-Family
63
Businesses
203
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Olsen • Keller Williams Legacy Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262864
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.