701 W Oregon St #3PROPERTIESPoloIL61064
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
Investment Highlights
Investment property for sale in Polo at 701 W Oregon St #3PROPERTIES, Polo, IL, 61064 offers a 1.03% rental yield on a $837,000 purchase with $720/mo rent. 1% in year one. Equity gained on principal adds $5,401/yr while 5% annual appreciation supports $231,248 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $4,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61064, Polo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,676 (100%) |
| Owner Occupied HU | 1,109 (66.2%) |
| Renter Occupied HU | 378 (22.6%) |
| Vacant Housing Units | 189 (11.3%) |
| Median Home Value | $157,083 |
| Average Home Value | $193,632 |
Housing Distribution
Address Breakdown
Residential
1,585
Single Family
1,551
Multi-Family
34
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Hazzard • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202502715
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.