311 Oak StTonicaIL61370
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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 Tonica at 311 Oak St, Tonica, IL, 61370 uses $71,936 cash to close to unlock $5,603/yr annual cash flow and $467/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $1,062/mo payment keeps the spread at $467/mo. Purchase price stands at $217,000, and rental yield measures 10.91% with $1,972/mo rent. Return on cash invested shows 27.7% in year one, and 5% annual appreciation builds toward $59,953 over five years. Five-year ROI reaches 145.57% and total cumulative return in cash records $104,717. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61370, Tonica, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 436 (78.7%) |
| Renter Occupied HU | 73 (13.2%) |
| Vacant Housing Units | 45 ( 8.1%) |
| Median Home Value | $207,059 |
| Average Home Value | $296,898 |
Housing Distribution
Address Breakdown
Residential
418
Single Family
418
Multi-Family
0
Businesses
26
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