201 Olga StRoanokeIL61561
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
Investment Highlights
Investment property for sale in Roanoke at 201 Olga St, Roanoke, IL, 61561 offers a 10.45% rental yield on a $239,900 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,174/mo payment leaves $425/mo available for distribution. Annual cash flow reaches $5,102/yr on $79,527 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 138.27% and total cumulative return in cash at $109,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61561, Roanoke, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 918 (79.3%) |
| Renter Occupied HU | 154 (13.3%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $180,914 |
| Average Home Value | $228,608 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
734
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices