Monroe 2320 Plan, PrairiesideMahometIL61853
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. Rental yield 8.24%. Monroe 2320 Plan, Prairieside, Mahomet, IL, 61853 in Mahomet achieves 1.53, rent of $3,431/mo covers the $2,246/mo payment 1.5x over at $499,580. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $138,025 over five years, with $4,601/yr in principal reduction bringing total projected return to $188,925.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(34) | $150 |
City averages based on Mahomet market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,431 |
| Total Monthly Debt Service | $3,266 |
| DSCR Ratio | 1.05x |
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61853, Mahomet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 4,558 (75.3%) |
| Renter Occupied HU | 997 (16.5%) |
| Vacant Housing Units | 498 ( 8.2%) |
| Median Home Value | $296,520 |
| Average Home Value | $324,365 |
Housing Distribution
Address Breakdown
Residential
5,793
Single Family
5,101
Multi-Family
692
Businesses
379
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 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61853, Mahomet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,053 (100%) |
| Owner Occupied HU | 4,558 (75.3%) |
| Renter Occupied HU | 997 (16.5%) |
| Vacant Housing Units | 498 ( 8.2%) |
| Median Home Value | $296,520 |
| Average Home Value | $324,365 |
Housing Distribution
Address Breakdown
Residential
5,793
Single Family
5,101
Multi-Family
692
Businesses
379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
