304 E Oakley StGlasfordIL61533
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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
Rental property for sale in Glasford at 304 E Oakley St, Glasford, IL, 61533 offers $1,008/mo rent that, after a $612/mo payment, leaves $141/mo cash flow. Total monthly income is $1,008/mo, and annual cash flow is $1,689/yr on $41,438 cash. Return on cash invested measures 23.99% in year one, and rental yield stands at 9.68% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 125.72% and total cumulative return in cash reaches $52,097. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,008/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61533, Glasford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,010 (100%) |
| Owner Occupied HU | 786 (77.8%) |
| Renter Occupied HU | 119 (11.8%) |
| Vacant Housing Units | 105 (10.4%) |
| Median Home Value | $165,678 |
| Average Home Value | $202,141 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
28
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