9721 115th St WAndalusiaIL61232
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 9721 115th St W, Andalusia, IL, 61232 in Andalusia. Rental yield 6.21%. The 1.15 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $115,209 and $3,841/yr in principal reduction project total return of $112,320.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.0% |
| Monthly Cash Flow | $(734) | $1,200 |
City averages based on Andalusia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,159 |
| Total Monthly Debt Service | $2,726 |
| DSCR Ratio | 0.79x |
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 1995
18.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61232, Andalusia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 486 (85.4%) |
| Renter Occupied HU | 60 (10.5%) |
| Vacant Housing Units | 23 ( 4.0%) |
| Median Home Value | $225,581 |
| Average Home Value | $223,498 |
Housing Distribution
Address Breakdown
Residential
404
Single Family
404
Multi-Family
0
Businesses
34
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
18.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61232, Andalusia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 569 (100%) |
| Owner Occupied HU | 486 (85.4%) |
| Renter Occupied HU | 60 (10.5%) |
| Vacant Housing Units | 23 ( 4.0%) |
| Median Home Value | $225,581 |
| Average Home Value | $223,498 |
Housing Distribution
Address Breakdown
Residential
404
Single Family
404
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Smith • First Choice Real Estate LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262680
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.