24704-2200 East StOhioIL61349
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 24704-2200 East St, Ohio, IL, 61349 in Ohio offers a clean, manageable entry. Rental yield 6.78%. DSCR 1.26 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $137,865 in additional property value over five years, with $4,596/yr in principal equity building ownership stake. Total projected cumulative return: $149,615.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.8% | 7.0% |
| Monthly Cash Flow | $(641) | $300 |
City averages based on Ohio 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 | $2,820 |
| Total Monthly Debt Service | $3,263 |
| DSCR Ratio | 0.86x |
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 1975
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61349, Ohio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 377 (67.0%) |
| Renter Occupied HU | 111 (19.7%) |
| Vacant Housing Units | 75 (13.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $182,991 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
265
Multi-Family
11
Businesses
23
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 1975
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61349, Ohio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 563 (100%) |
| Owner Occupied HU | 377 (67.0%) |
| Renter Occupied HU | 111 (19.7%) |
| Vacant Housing Units | 75 (13.3%) |
| Median Home Value | $133,152 |
| Average Home Value | $182,991 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
265
Multi-Family
11
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices