31137 Oakford RdOakfordIL62673
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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 Oakford at 31137 Oakford Rd, Oakford, IL, 62673 generates $1,289/mo in rent and, after a $807/mo payment, leaves $145/mo in cash flow. Total monthly income is $1,289/mo, and annual cash flow is $1,744/yr on $54,664 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 9.38% on a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash sums $66,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,289/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62673, Oakford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 153 (70.8%) |
| Renter Occupied HU | 38 (17.6%) |
| Vacant Housing Units | 25 (11.6%) |
| Median Home Value | $162,829 |
| Average Home Value | $195,735 |
Housing Distribution
Address Breakdown
Residential
105
Single Family
105
Multi-Family
0
Businesses
5
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Listed by: Matthew L Lounsberry • Land & Home Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033733
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.