211 N 3rd StOregonIL61061
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
Rental property for sale in Oregon at 211 N 3rd St, Oregon, IL, 61061 offers $2,089/mo rent that, after a $896/mo payment, leaves $810/mo cash flow. Total monthly income is $2,089/mo, and annual cash flow is $9,723/yr on $60,665 cash. Return on cash invested measures 35.94% in year one, and rental yield stands at 13.7% at a $183,000 entry. Equity gained on principal adds $1,181/yr while 5% annual appreciation compounds into $50,560 by year five. Five-year ROI records 189.89% and total cumulative return in cash reaches $115,199. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,089/mo property income versus a $896/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61061, Oregon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,348 (100%) |
| Owner Occupied HU | 2,249 (67.2%) |
| Renter Occupied HU | 792 (23.7%) |
| Vacant Housing Units | 307 ( 9.2%) |
| Median Home Value | $223,295 |
| Average Home Value | $290,081 |
Housing Distribution
Address Breakdown
Residential
3,108
Single Family
2,946
Multi-Family
162
Businesses
321
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Listed by: Stefanie Yarber • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502235
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.