601 N 2nd StOquawkaIL61469
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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 Oquawka at 601 N 2nd St, Oquawka, IL, 61469 earns $270/mo cash flow from $1,032/mo rent with a $538/mo payment. Total monthly income totals $1,032/mo, and annual cash flow totals $3,235/yr on $36,432 capital. ROI tracks 28.79% on current figures, and rental yield reads 11.27% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 151.49% and total cumulative return in cash sums $55,192. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,032/mo property income instead of your personal income.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61469, Oquawka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,023 (100%) |
| Owner Occupied HU | 707 (69.1%) |
| Renter Occupied HU | 158 (15.4%) |
| Vacant Housing Units | 158 (15.4%) |
| Median Home Value | $111,833 |
| Average Home Value | $133,660 |
Housing Distribution
Address Breakdown
Residential
621
Single Family
621
Multi-Family
0
Businesses
52
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