1010 21st StLawrencevilleIL62439
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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 Lawrenceville at 1010 21st St, Lawrenceville, IL, 62439 uses $51,283 cash to close to unlock $1,622/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $1,208/mo, and a $757/mo payment keeps the spread at $135/mo. Purchase price stands at $154,700, and rental yield measures 9.37% with $1,208/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $42,741 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash records $61,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,208/mo property income covering a $757/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62439, Lawrenceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,321 (100%) |
| Owner Occupied HU | 2,049 (61.7%) |
| Renter Occupied HU | 865 (26.0%) |
| Vacant Housing Units | 407 (12.3%) |
| Median Home Value | $114,517 |
| Average Home Value | $170,669 |
Housing Distribution
Address Breakdown
Residential
3,328
Single Family
3,134
Multi-Family
194
Businesses
285
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Listed by: Brady Rice • HJ Rice & Associates Realty LLC
Mls Name: My State MLS
Mls ID: #11614029