686 Us Highway 51OconeeIL62553
INVESTMENT ANALYSIS
Investment Verdict
Solid Income686 Us Highway 51, Oconee, IL, 62553 in Oconee is a stable, well-positioned rental at $210,000. Rental yield 8%. DSCR 1.41 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $58,019 in value and $1,760/yr in principal paydown builds equity, a total projected return of $72,738.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.0% |
| Monthly Cash Flow | $(57) | $1,200 |
City averages based on Oconee market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,400 |
| Total Monthly Debt Service | $1,424 |
| DSCR Ratio | 0.98x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62553, Oconee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 276 (100%) |
| Owner Occupied HU | 217 (78.6%) |
| Renter Occupied HU | 31 (11.2%) |
| Vacant Housing Units | 28 (10.1%) |
| Median Home Value | $171,474 |
| Average Home Value | $202,385 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
14
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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
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