8088 Elm AveDownsIL61736
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow8088 Elm Ave, Downs, IL, 61736 in Downs earns its strong cash-flow label: 12.76% yield, $2,712/mo rent, $943/mo net income, DSCR 2.36. The $255,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $70,452 by year five. Combined with $2,349/yr in principal paydown, total projected return reaches $158,231.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 7.0% |
| Monthly Cash Flow | $943 | $200 |
City averages based on Downs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,712 |
| Total Monthly Debt Service | $1,667 |
| DSCR Ratio | 1.63x |
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 1976
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61736, Downs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 605 (82.7%) |
| Renter Occupied HU | 87 (11.9%) |
| Vacant Housing Units | 40 ( 5.5%) |
| Median Home Value | $300,294 |
| Average Home Value | $304,153 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
692
Multi-Family
0
Businesses
58
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 1976
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61736, Downs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 605 (82.7%) |
| Renter Occupied HU | 87 (11.9%) |
| Vacant Housing Units | 40 ( 5.5%) |
| Median Home Value | $300,294 |
| Average Home Value | $304,153 |
Housing Distribution
Address Breakdown
Residential
692
Single Family
692
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices