1305 6th StOrionIL61273
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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
Investment property for sale in Orion at 1305 6th St, Orion, IL, 61273 uses $61,294 cash to close to unlock $9,390/yr annual cash flow and $783/mo monthly cash flow. Total monthly income runs $2,065/mo, and a $905/mo payment keeps the spread at $783/mo. Purchase price stands at $184,900, and rental yield measures 13.4% with $2,065/mo rent. Return on cash invested shows 35.23% in year one, and 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 186.02% and total cumulative return in cash records $114,019. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,065/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1907
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61273, Orion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,157 (82.5%) |
| Renter Occupied HU | 175 (12.5%) |
| Vacant Housing Units | 70 ( 5.0%) |
| Median Home Value | $223,094 |
| Average Home Value | $248,585 |
Housing Distribution
Address Breakdown
Residential
1,045
Single Family
1,014
Multi-Family
31
Businesses
85
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