107 E Long StOhioIL61349
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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
Investment Highlights
Rental property for sale in Ohio at 107 E Long St, Ohio, IL, 61349 priced at $127,000 pairs $1,109/mo rent with $228/mo cash flow after a $622/mo payment. Total monthly income equals $1,109/mo, and annual cash flow comes to $2,732/yr on $42,101 invested. Return on cash invested is 26.4% in year one, and rental yield stands at 10.48% on a $127,000 basis. Equity gained on principal adds $820/yr, and 5% annual appreciation accumulates to $35,088 by year five. Five-year ROI measures 138.69% and total cumulative return in cash reaches $58,389. For financing, Ziffy Mortgage’s DSCR program evaluates $1,109/mo property income against a $622/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1877
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61349, Ohio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 377 (67.0%) |
| Renter Occupied HU | 111 (19.7%) |
| Vacant Housing Units | 75 (13.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $182,991 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
265
Multi-Family
11
Businesses
23
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