870 S Cottonwood StVirginiaIL62691
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 870 S Cottonwood St, Virginia, IL, 62691 in Virginia, $115,000, 9.64% gross yield, $126/mo net income. Consider it a market-entry position, the $924/mo rent covers the $517/mo payment with a margin, and 5%/yr appreciation is projected to add $31,772 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.79) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $52,151.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $126 | $250 |
City averages based on Virginia market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $924 |
| Total Monthly Debt Service | $752 |
| DSCR Ratio | 1.23x |
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.
Manufactured
Built in N/A
8,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
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
Manufactured
Built in N/A
8,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices