1504 Old Feather Trail RdOlmstedIL62970
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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 Olmsted at 1504 Old Feather Trail Rd, Olmsted, IL, 62970 offers a 0% rental yield on a $359,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $2,317/yr while 5% annual appreciation supports $99,185 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,757/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62970, Olmsted, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 224 (70.9%) |
| Renter Occupied HU | 49 (15.5%) |
| Vacant Housing Units | 43 (13.6%) |
| Median Home Value | $115,625 |
| Average Home Value | $135,949 |
Housing Distribution
Address Breakdown
Residential
202
Single Family
202
Multi-Family
0
Businesses
16
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Listed by: Paula L Arpasi • Homefinders Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB453930
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