540 E Main StDu QuoinIL62832
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 540 E Main St, Du Quoin, IL, 62832 in Du Quoin at $284,900 earns $2,081/mo in rent and nets $105/mo after the $1,281/mo payment, a 8.76% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $78,713 over five years. Ziffy Mortgage underwrites this on a 1.62 DSCR without U.S. credit history. With $2,624/yr in principal paydown, total projected return reaches $115,742.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.2% |
| Monthly Cash Flow | $105 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,081 |
| Total Monthly Debt Service | $1,863 |
| DSCR Ratio | 1.12x |
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 1916
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62832, Du Quoin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,382 (100%) |
| Owner Occupied HU | 2,787 (63.6%) |
| Renter Occupied HU | 938 (21.4%) |
| Vacant Housing Units | 657 (15.0%) |
| Median Home Value | $115,961 |
| Average Home Value | $151,662 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,799
Multi-Family
87
Businesses
326
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 1916
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62832, Du Quoin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,382 (100%) |
| Owner Occupied HU | 2,787 (63.6%) |
| Renter Occupied HU | 938 (21.4%) |
| Vacant Housing Units | 657 (15.0%) |
| Median Home Value | $115,961 |
| Average Home Value | $151,662 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,799
Multi-Family
87
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices