2248 N Knox Rd #1240-EOneidaIL61467
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 2248 N Knox Rd #1240-E, Oneida, IL, 61467 in Oneida at $330,000. Rental yield 6.57%. The 6.57% yield and 1.22 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $91,173 by year five, and $3,039/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $95,223.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.0% |
| Monthly Cash Flow | $(482) | $300 |
City averages based on Oneida market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,807 |
| Total Monthly Debt Service | $2,158 |
| DSCR Ratio | 0.84x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1948
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61467, Oneida, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 80 (16.1%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $165,057 |
| Average Home Value | $192,352 |
Housing Distribution
Address Breakdown
Residential
246
Single Family
246
Multi-Family
0
Businesses
21
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 1948
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61467, Oneida, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 371 (74.5%) |
| Renter Occupied HU | 80 (16.1%) |
| Vacant Housing Units | 47 ( 9.4%) |
| Median Home Value | $165,057 |
| Average Home Value | $192,352 |
Housing Distribution
Address Breakdown
Residential
246
Single Family
246
Multi-Family
0
Businesses
21
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices