1308 Taylor DrOlneyIL62450
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1308 Taylor Dr, Olney, IL, 62450 in Olney deserves attention. This $182,000 property earns $1,891/mo in rent, a 12.47% gross yield, and nets $629/mo after the $818/mo payment. DSCR 2.31 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $50,283 compounds alongside $1,676/yr in yearly equity build, for a total cumulative return of $110,116.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 7.0% |
| Monthly Cash Flow | $629 | $150 |
City averages based on Olney market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,891 |
| Total Monthly Debt Service | $1,190 |
| DSCR Ratio | 1.59x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62450, Olney, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,685 (100%) |
| Owner Occupied HU | 3,543 (62.3%) |
| Renter Occupied HU | 1,489 (26.2%) |
| Vacant Housing Units | 653 (11.5%) |
| Median Home Value | $140,262 |
| Average Home Value | $187,316 |
Housing Distribution
Address Breakdown
Residential
5,301
Single Family
5,087
Multi-Family
214
Businesses
558
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62450, Olney, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,685 (100%) |
| Owner Occupied HU | 3,543 (62.3%) |
| Renter Occupied HU | 1,489 (26.2%) |
| Vacant Housing Units | 653 (11.5%) |
| Median Home Value | $140,262 |
| Average Home Value | $187,316 |
Housing Distribution
Address Breakdown
Residential
5,301
Single Family
5,087
Multi-Family
214
Businesses
558
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices