405 Perkins StOdinIL62870
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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 Odin at 405 Perkins St, Odin, IL, 62870 uses $49,725 cash to close to unlock $1,257/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $1,145/mo, and a $734/mo payment keeps the spread at $105/mo. Purchase price stands at $150,000, and rental yield measures 9.16% with $1,145/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 117.39% and total cumulative return in cash records $58,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,145/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.30 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
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