415 Oak StCobdenIL62920
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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 Cobden at 415 Oak St, Cobden, IL, 62920 with 5% annual appreciation on a $330,000 basis while $1,289/mo rent supports operations. 94% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 4.69%. Five-year ROI measures 45.04% and total cumulative return in cash totals $49,271. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,289/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1992
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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Listed by: NANCY Watkins • SHAWNEE HILLS REAL ESTATE, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456005
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.