2300 Light Rd APT 209OswegoIL60543
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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 Oswego at 2300 Light Rd APT 209, Oswego, IL, 60543 listed at $145,000 pairs $1,100/mo rent with a $710/mo payment to leave $94/mo cash flow. Total monthly income runs $1,100/mo, and annual cash flow reaches $1,127/yr on $48,068 cash to close. Return on cash invested measures 22.25% in year one, and rental yield registers 9.1% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 116.4% and total cumulative return in cash totals $55,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,100/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60543, Oswego, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,890 (100%) |
| Owner Occupied HU | 11,607 (78.0%) |
| Renter Occupied HU | 2,638 (17.7%) |
| Vacant Housing Units | 645 ( 4.3%) |
| Median Home Value | $339,936 |
| Average Home Value | $357,657 |
Housing Distribution
Address Breakdown
Residential
14,477
Single Family
13,886
Multi-Family
591
Businesses
993
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