206 N Oak StRaymondIL62560
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 206 N Oak St, Raymond, IL, 62560 in Raymond deserves attention. This $249,900 property earns $2,364/mo in rent, a 11.35% gross yield, and nets $631/mo after the $1,124/mo payment. DSCR 2.10 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $69,043 compounds alongside $2,302/yr in yearly equity build, for a total cumulative return of $136,145.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.0% |
| Monthly Cash Flow | $631 | $300 |
City averages based on Raymond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,364 |
| Total Monthly Debt Service | $1,634 |
| DSCR Ratio | 1.45x |
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 1960
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62560, Raymond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 459 (73.2%) |
| Renter Occupied HU | 117 (18.7%) |
| Vacant Housing Units | 51 ( 8.1%) |
| Median Home Value | $135,500 |
| Average Home Value | $165,054 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
394
Multi-Family
11
Businesses
57
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 1960
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62560, Raymond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 459 (73.2%) |
| Renter Occupied HU | 117 (18.7%) |
| Vacant Housing Units | 51 ( 8.1%) |
| Median Home Value | $135,500 |
| Average Home Value | $165,054 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
394
Multi-Family
11
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices