(Undisclosed Address)OglesbyIL61348
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow(Undisclosed Address), Oglesby, IL, 61348 in Oglesby is a solid income-producing rental, 12.09% gross yield, $1,411/mo rent, $440/mo net cash flow on a $140,000 buy. DSCR 2.24 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,679 and $1,289/yr in principal reduction project a total cumulative return of $81,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.1% | 8.0% |
| Monthly Cash Flow | $440 | $450 |
City averages based on Oglesby market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,411 |
| Total Monthly Debt Service | $915 |
| DSCR Ratio | 1.54x |
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.
Multi Family
Built in 2006
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61348, Oglesby, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,217 (100%) |
| Owner Occupied HU | 1,532 (69.1%) |
| Renter Occupied HU | 466 (21.0%) |
| Vacant Housing Units | 219 ( 9.9%) |
| Median Home Value | $155,689 |
| Average Home Value | $191,312 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,060
Multi-Family
32
Businesses
143
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Multi Family
Built in 2006
5,880 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61348, Oglesby, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,217 (100%) |
| Owner Occupied HU | 1,532 (69.1%) |
| Renter Occupied HU | 466 (21.0%) |
| Vacant Housing Units | 219 ( 9.9%) |
| Median Home Value | $155,689 |
| Average Home Value | $191,312 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,060
Multi-Family
32
Businesses
143
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.