2924 Red Stripe RdOdinIL62870
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 Odin at 2924 Red Stripe Rd, Odin, IL, 62870 earns $17/mo cash flow from $1,889/mo rent with a $1,321/mo payment. Total monthly income totals $1,889/mo, and annual cash flow totals $203/yr on $89,472 capital. ROI tracks 20.14% on current figures, and rental yield reads 8.4% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 105.04% and total cumulative return in cash sums $93,978. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,889/mo property income instead of your personal income.
Single Family
Built in 1998
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62870, Odin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 882 (100%) |
| Owner Occupied HU | 649 (73.6%) |
| Renter Occupied HU | 126 (14.3%) |
| Vacant Housing Units | 107 (12.1%) |
| Median Home Value | $128,860 |
| Average Home Value | $169,029 |
Housing Distribution
Address Breakdown
Residential
769
Single Family
769
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices