203 N Pleasant StOhioIL61349
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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
Rental property for sale in Ohio at 203 N Pleasant St, Ohio, IL, 61349 priced at $190,000 converts $1,109/mo rent into after a $930/mo obligation. Total monthly income equals $1,109/mo. Return on cash invested prints 15.93% in year one, and rental yield reads 7% against a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation compiles into $52,494 by year five. Five-year ROI reaches 82.57% and total cumulative return in cash sums $52,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,109/mo property income covering a $930/mo payment, not borrower’s personal income.
Single Family
Built in 1990
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61349, Ohio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 377 (67.0%) |
| Renter Occupied HU | 111 (19.7%) |
| Vacant Housing Units | 75 (13.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $182,991 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
265
Multi-Family
11
Businesses
23
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