6 Ogle EstsColumbiaIL62236
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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
Rental property for sale in Columbia at 6 Ogle Ests, Columbia, IL, 62236 priced at $361,100 converts $2,635/mo rent into $131/mo cash flow after a $1,767/mo obligation. Total monthly income equals $2,635/mo, and annual cash flow totals $1,569/yr on $119,705 invested. Return on cash invested prints 21.22% in year one, and rental yield reads 8.76% against a $361,100 entry. Equity gained on principal adds $2,330/yr, while 5% annual appreciation compiles into $99,765 by year five. Five-year ROI reaches 110.85% and total cumulative return in cash sums $132,691. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,635/mo property income covering a $1,767/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62236, Columbia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,987 (100%) |
| Owner Occupied HU | 4,739 (79.2%) |
| Renter Occupied HU | 930 (15.5%) |
| Vacant Housing Units | 318 ( 5.3%) |
| Median Home Value | $325,870 |
| Average Home Value | $363,309 |
Housing Distribution
Address Breakdown
Residential
5,708
Single Family
5,560
Multi-Family
148
Businesses
511
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