407 E Walnut StOglesbyIL61348
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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 Oglesby at 407 E Walnut St, Oglesby, IL, 61348 with 5% annual appreciation on a $149,900 basis while $1,420/mo rent supports operations. Total monthly income totals $1,420/mo and a $734/mo payment preserves $380/mo for cash returns. Annual cash flow comes to $4,559/yr on $49,692 deployed, and return on cash invested reaches 29.08% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 11.37%. Five-year ROI measures 153% and total cumulative return in cash totals $76,031.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,420/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1886
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61348, Oglesby, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,217 (100%) |
| Owner Occupied HU | 1,532 (69.1%) |
| Renter Occupied HU | 466 (21.0%) |
| Vacant Housing Units | 219 ( 9.9%) |
| Median Home Value | $155,689 |
| Average Home Value | $191,312 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,060
Multi-Family
32
Businesses
143
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