1443 N 3rd StOquawkaIL61469
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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 Oquawka at 1443 N 3rd St, Oquawka, IL, 61469 offers a 6.61% rental yield on a $185,000 purchase with $1,019/mo rent. 75% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 76.22% and total cumulative return in cash at $46,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,019/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61469, Oquawka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 707 (69.1%) |
| Renter Occupied HU | 158 (15.4%) |
| Vacant Housing Units | 158 (15.4%) |
| Median Home Value | $111,833 |
| Average Home Value | $133,660 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
621
Multi-Family
0
Businesses
52
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