408 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 408 Perkins St, Odin, IL, 62870 earns $758/mo cash flow from $1,555/mo rent with a $562/mo payment. Total monthly income totals $1,555/mo, and annual cash flow totals $9,101/yr on $38,089 capital. ROI tracks 43.8% on current figures, and rental yield reads 16.24% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 232.01% and total cumulative return in cash sums $88,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,555/mo property income instead of your personal income.
Single Family
Built in 1900
0.50 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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Listed by: Kyla D Palazzolo • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454594
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.