115 E Bower St, Oreana, IL, 62554 | 7.47% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1617 sft

332 W Main St, Warrensburg, IL, 62573

3 Bed
2 Bath
1238 sft

130 S Illinois St, Warrensburg, IL, 62573

4 Bed
2 Bath
1920 sft

7522 N Wyckles Rd, Warrensburg, IL, 62573

3 Bed
1 Bath
1040 sft

370 Northland Dr, Warrensburg, IL, 62573

Nearby investment properties with comparable prices

3 Bed
2 Bath
1560 sft

59 Medial Dr, Decatur, IL, 62521

$ 114,900

ROI

Cash Flow/m

2 Bed
1 Bath
833 sft

204 E B St N, La Place, IL, 61936

2 Bed
2 Bath
948 sft

2705 W Willowlake Dr APT 82, Peoria, IL, 61614

4 Bed
2 Bath
1755 sft

525 S Monroe St, Decatur, IL, 62522

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Oreana at 115 E Bower St, Oreana, IL, 62554 offers a 7.47% rental yield on a $135,000 purchase with $840/mo rent. 32% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 89.99% and total cumulative return in cash at $40,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

0.46 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62554, Oreana, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	621 (100%)
Owner Occupied HU	513 (82.6%)
Renter Occupied HU	82 (13.2%)
Vacant Housing Units	26 ( 4.2%)
Median Home Value	$144,201
Average Home Value	$202,729