704 15th AveOrionIL61273
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 704 15th Ave, Orion, IL, 61273 in Orion, $225,000, 9.1% gross yield, $146/mo net income. Consider it a market-entry position, the $1,707/mo rent covers the $1,012/mo payment with a margin, and 5%/yr appreciation is projected to add $62,163 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.69) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $95,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 8.0% |
| Monthly Cash Flow | $146 | $1,200 |
City averages based on Orion market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,707 |
| Total Monthly Debt Service | $1,471 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1965
0.33 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
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 1965
0.33 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Boeye • BUY SELL BUILD QC - Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264433
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.