8584 W Illiniwick RdWarrensburgIL62573
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8584 W Illiniwick Rd, Warrensburg, IL, 62573 in Warrensburg. Rental yield 5.05%. At $475,000 with 5.05% gross yield, current distributions are modest, but the 5% appreciation rate projects $131,234 in new equity by year five, complemented by $4,375/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.94) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $98,306.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.5% |
| Monthly Cash Flow | $(1,295) | $300 |
City averages based on Warrensburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,999 |
| Total Monthly Debt Service | $3,106 |
| DSCR Ratio | 0.64x |
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 1895
5.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62573, Warrensburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 487 (71.0%) |
| Renter Occupied HU | 110 (16.0%) |
| Vacant Housing Units | 89 (13.0%) |
| Median Home Value | $136,458 |
| Average Home Value | $162,089 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
35
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 1895
5.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62573, Warrensburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 487 (71.0%) |
| Renter Occupied HU | 110 (16.0%) |
| Vacant Housing Units | 89 (13.0%) |
| Median Home Value | $136,458 |
| Average Home Value | $162,089 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices