711 S 3rd StOregonIL61061
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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
Investment Highlights
Investment property for sale in Oregon at 711 S 3rd St, Oregon, IL, 61061 listed at $159,900 pairs $1,351/mo rent with a $783/mo payment to leave $242/mo cash flow. Total monthly income runs $1,351/mo, and annual cash flow reaches $2,898/yr on $53,007 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 10.14% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 133.17% and total cumulative return in cash totals $70,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,351/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
8,276 sqft 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 |
Housing Distribution
Address Breakdown
Residential
3,108
Single Family
2,946
Multi-Family
162
Businesses
321
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