902 S 3rd StOregonIL61061
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 Oregon at 902 S 3rd St, Oregon, IL, 61061 uses $56,322 cash to close to unlock $5,461/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $832/mo payment keeps the spread at $455/mo. Purchase price stands at $169,900, and rental yield measures 11.54% with $1,634/mo rent. Return on cash invested shows 29.61% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 155.9% and total cumulative return in cash records $87,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices