212 Martin AveOregonIL61061
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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 Oregon at 212 Martin Ave, Oregon, IL, 61061 uses $82,875 cash to close to unlock $1,099/yr annual cash flow and $92/mo monthly cash flow. Total monthly income runs $1,826/mo, and a $1,224/mo payment keeps the spread at $92/mo. Purchase price stands at $250,000, and rental yield measures 8.76% with $1,826/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 110.95% and total cumulative return in cash records $91,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,826/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A 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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