213 Deleon StOttawaIL61350
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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 Ottawa at 213 Deleon St, Ottawa, IL, 61350 offers a 5.62% rental yield on a $310,000 purchase with $1,452/mo rent. 76% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 60.16% and total cumulative return in cash at $61,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,452/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61350, Ottawa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,425 (100%) |
| Owner Occupied HU | 7,230 (63.3%) |
| Renter Occupied HU | 3,166 (27.7%) |
| Vacant Housing Units | 1,029 ( 9.0%) |
| Median Home Value | $173,815 |
| Average Home Value | $219,878 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
10,179
Multi-Family
695
Businesses
1,058
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