1307 Ogelthorpe AveNormalIL61761
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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 Normal at 1307 Ogelthorpe Ave, Normal, IL, 61761 uses $79,527 cash to close to unlock $38/yr annual cash flow and $3/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $1,174/mo payment keeps the spread at $3/mo. Purchase price stands at $239,900, and rental yield measures 8.34% with $1,667/mo rent. Return on cash invested shows 19.96% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 104.12% and total cumulative return in cash records $82,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2001
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61761, Normal, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,515 (100%) |
| Owner Occupied HU | 11,570 (51.4%) |
| Renter Occupied HU | 9,063 (40.3%) |
| Vacant Housing Units | 1,882 ( 8.4%) |
| Median Home Value | $219,589 |
| Average Home Value | $253,433 |
Housing Distribution
Address Breakdown
Residential
20,029
Single Family
15,967
Multi-Family
4,062
Businesses
1,059
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