904 Imperial DrOlneyIL62450
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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 Olney at 904 Imperial Dr, Olney, IL, 62450 uses $38,122 cash to close to unlock $1,239/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $901/mo, and a $563/mo payment keeps the spread at $103/mo. Purchase price stands at $114,999, and rental yield measures 9.4% with $901/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash records $46,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $901/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62450, Olney, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,685 (100%) |
| Owner Occupied HU | 3,543 (62.3%) |
| Renter Occupied HU | 1,489 (26.2%) |
| Vacant Housing Units | 653 (11.5%) |
| Median Home Value | $140,262 |
| Average Home Value | $187,316 |
Housing Distribution
Address Breakdown
Residential
5,301
Single Family
5,087
Multi-Family
214
Businesses
558
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