903 N Fearing AveAbingdonIL61410
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 903 N Fearing Ave, Abingdon, IL, 61410 in Abingdon speaks for itself: 20.81% gross on a $135,000 price, generating $2,341/mo in rent and $1,405/mo in net income after the $607/mo debt service. DSCR 3.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,858 stacks alongside $37,298 in projected five-year appreciation and $1,243/yr in principal reduction. Projected total cumulative return: $142,058.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.8% | 7.2% |
| Monthly Cash Flow | $1,405 | $600 |
City averages based on Abingdon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,341 |
| Total Monthly Debt Service | $883 |
| DSCR Ratio | 2.65x |
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 1968
9,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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 1968
9,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara E Varner • Platinum Key Real Estate, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037577
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.