9260 N Stonewall DrNewarkIL60541
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 9260 N Stonewall Dr, Newark, IL, 60541 in Newark delivers $4,300/mo in gross rent and $416/mo in net monthly income at a $559,900 entry. The 9.22% yield and 1.71 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $154,690 over five years and $5,157/yr in equity from loan paydown, total projected return is $240,893.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $416 | $300 |
City averages based on Newark market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,300 |
| Total Monthly Debt Service | $3,661 |
| DSCR Ratio | 1.17x |
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 2003
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60541, Newark, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 942 (79.2%) |
| Renter Occupied HU | 203 (17.1%) |
| Vacant Housing Units | 44 ( 3.7%) |
| Median Home Value | $363,889 |
| Average Home Value | $388,830 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
945
Multi-Family
32
Businesses
91
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 2003
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60541, Newark, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 942 (79.2%) |
| Renter Occupied HU | 203 (17.1%) |
| Vacant Housing Units | 44 ( 3.7%) |
| Median Home Value | $363,889 |
| Average Home Value | $388,830 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
945
Multi-Family
32
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices