615 S Oakwood StOakwoodIL61858
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 615 S Oakwood St, Oakwood, IL, 61858 in Oakwood. Rental yield 7.22%. The 1.34 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $71,833 and $2,395/yr in principal reduction project total return of $84,141.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.0% |
| Monthly Cash Flow | $(239) | $150 |
City averages based on Oakwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,565 |
| Total Monthly Debt Service | $1,700 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61858, Oakwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 993 (74.8%) |
| Renter Occupied HU | 161 (12.1%) |
| Vacant Housing Units | 173 (13.0%) |
| Median Home Value | $143,693 |
| Average Home Value | $166,599 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
853
Multi-Family
107
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1978
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61858, Oakwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 993 (74.8%) |
| Renter Occupied HU | 161 (12.1%) |
| Vacant Housing Units | 173 (13.0%) |
| Median Home Value | $143,693 |
| Average Home Value | $166,599 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
853
Multi-Family
107
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
