8884 State Route 154TamaroaIL62888
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing8884 State Route 154, Tamaroa, IL, 62888 in Tamaroa is a stable, well-positioned rental at $275,000. Rental yield 6.95%. DSCR 1.29 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $75,977 in value and $2,533/yr in principal paydown builds equity, a total projected return of $84,999.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 5.0% |
| Monthly Cash Flow | $(314) | $400 |
City averages based on Tamaroa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,594 |
| Total Monthly Debt Service | $1,798 |
| DSCR Ratio | 0.89x |
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 1940
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62888, Tamaroa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 709 (76.6%) |
| Renter Occupied HU | 85 ( 9.2%) |
| Vacant Housing Units | 131 (14.2%) |
| Median Home Value | $134,943 |
| Average Home Value | $153,946 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
30
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 1940
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62888, Tamaroa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 925 (100%) |
| Owner Occupied HU | 709 (76.6%) |
| Renter Occupied HU | 85 ( 9.2%) |
| Vacant Housing Units | 131 (14.2%) |
| Median Home Value | $134,943 |
| Average Home Value | $153,946 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RON JONES • Homefinders Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458408
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.