900 N Coal RdColchesterIL62326
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 900 N Coal Rd, Colchester, IL, 62326 in Colchester. At $349,000 it earns $2,915/mo in rent and distributes $494/mo to the owner after the $1,569/mo payment, a consistent 10.02% yield. DSCR 1.86 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $96,422 in value; $3,214/yr in principal paydown compounds ownership stake. Total projected return: $165,326.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 7.0% |
| Monthly Cash Flow | $494 | $200 |
City averages based on Colchester 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 | $2,915 |
| Total Monthly Debt Service | $2,282 |
| DSCR Ratio | 1.28x |
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 1995
3.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62326, Colchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 897 (74.7%) |
| Renter Occupied HU | 180 (15.0%) |
| Vacant Housing Units | 123 (10.2%) |
| Median Home Value | $106,565 |
| Average Home Value | $154,448 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
53
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 1995
3.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62326, Colchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 897 (74.7%) |
| Renter Occupied HU | 180 (15.0%) |
| Vacant Housing Units | 123 (10.2%) |
| Median Home Value | $106,565 |
| Average Home Value | $154,448 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS Alliance as distributed by MLS GRID
Mls ID: #PA1268513