(Undisclosed Address)FooslandIL61845
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.54% yield at (Undisclosed Address), Foosland, IL, 61845 in Foosland is solid, but the $1,034/mo payment compresses net cash flow to $41/mo at $229,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $63,517 by year five, and $2,117/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.58) without U.S. income documentation. Total projected return: $90,589.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 7.0% |
| Monthly Cash Flow | $41 | $300 |
City averages based on Foosland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,636 |
| Total Monthly Debt Service | $1,503 |
| DSCR Ratio | 1.09x |
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 1999
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61845, Foosland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 142 (77.6%) |
| Renter Occupied HU | 17 ( 9.3%) |
| Vacant Housing Units | 24 (13.1%) |
| Median Home Value | $225,862 |
| Average Home Value | $236,426 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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 1999
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61845, Foosland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 183 (100%) |
| Owner Occupied HU | 142 (77.6%) |
| Renter Occupied HU | 17 ( 9.3%) |
| Vacant Housing Units | 24 (13.1%) |
| Median Home Value | $225,862 |
| Average Home Value | $236,426 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.