241 E Porter StOglesbyIL61348
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
Investment Highlights
Investment property for sale in Oglesby at 241 E Porter St, Oglesby, IL, 61348 earns from $1,810/mo rent with a $1,527/mo payment. Total monthly income totals $1,810/mo. ROI tracks 15.8% on current figures, and rental yield reads 6.96% at a $312,000 purchase. Equity gained on principal adds $2,013/yr, and 5% annual appreciation supports $86,200 over five years. Five-year ROI reaches 81.78% and total cumulative return in cash sums $84,587. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,810/mo property income instead of your personal income.
Single Family
Built in 1983
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61348, Oglesby, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,217 (100%) |
| Owner Occupied HU | 1,532 (69.1%) |
| Renter Occupied HU | 466 (21.0%) |
| Vacant Housing Units | 219 ( 9.9%) |
| Median Home Value | $155,689 |
| Average Home Value | $191,312 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,060
Multi-Family
32
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christine Hopps • Coldwell Banker Today's
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.