709 Franklin St, Oregon, IL, 61061 | Equity Gain $5,098/yr

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Rental property for sale in Oregon at 709 Franklin St, Oregon, IL, 61061 generates $810/mo in rent, after a $3,867/mo payment. Total monthly income is $810/mo. Return on cash invested sits at -1.5% in year one, and rental yield is 1.23% on a $790,000 entry. Equity gained on principal adds $5,098/yr, while 5% annual appreciation builds toward $218,262 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.

Multi Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61061, Oregon, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,348 (100%)
Owner Occupied HU	2,249 (67.2%)
Renter Occupied HU	792 (23.7%)
Vacant Housing Units	307 ( 9.2%)
Median Home Value	$223,295
Average Home Value	$290,081