215 W Plains DrOreanaIL62554
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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 Oreana at 215 W Plains Dr, Oreana, IL, 62554 earns from $840/mo rent with a $754/mo payment. Total monthly income totals $840/mo. ROI tracks 14.54% on current figures, and rental yield reads 6.55% at a $154,000 purchase. Equity gained on principal adds $994/yr, and 5% annual appreciation supports $42,547 over five years. Five-year ROI reaches 75.06% and total cumulative return in cash sums $38,318. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $840/mo property income instead of your personal income.
Single Family
Built in 1964
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62554, Oreana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 621 (100%) |
| Owner Occupied HU | 513 (82.6%) |
| Renter Occupied HU | 82 (13.2%) |
| Vacant Housing Units | 26 ( 4.2%) |
| Median Home Value | $144,201 |
| Average Home Value | $202,729 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
562
Multi-Family
0
Businesses
20
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