607 13th Ave #AOrionIL61273
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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 Orion at 607 13th Ave #A, Orion, IL, 61273 offers a 6.29% rental yield on a $579,900 purchase with $3,040/mo rent. 88% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 71.51% and total cumulative return in cash at $136,429. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,040/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61273, Orion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,402 (100%) |
| Owner Occupied HU | 1,157 (82.5%) |
| Renter Occupied HU | 175 (12.5%) |
| Vacant Housing Units | 70 ( 5.0%) |
| Median Home Value | $223,094 |
| Average Home Value | $248,585 |
Housing Distribution
Address Breakdown
Residential
1,045
Single Family
1,014
Multi-Family
31
Businesses
85
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