326 Congress StOttawaIL61350
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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 Ottawa at 326 Congress St, Ottawa, IL, 61350 with 5% annual appreciation on a $286,900 basis while $2,160/mo rent supports operations. Total monthly income totals $2,160/mo and a $1,404/mo payment preserves $170/mo for cash returns. Annual cash flow comes to $2,043/yr on $95,107 deployed, and return on cash invested reaches 22.06% in year one. Equity gained on principal adds $1,851/yr, and five-year appreciation sums $79,265 alongside rental yield of 9.03%. Five-year ROI measures 115.39% and total cumulative return in cash totals $109,743.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,160/mo property income versus a $1,404/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61350, Ottawa, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,425 (100%) |
| Owner Occupied HU | 7,230 (63.3%) |
| Renter Occupied HU | 3,166 (27.7%) |
| Vacant Housing Units | 1,029 ( 9.0%) |
| Median Home Value | $173,815 |
| Average Home Value | $219,878 |
Housing Distribution
Address Breakdown
Residential
10,874
Single Family
10,179
Multi-Family
695
Businesses
1,058
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