102 S Walnut StLindenwoodIL61049
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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 Lindenwood at 102 S Walnut St, Lindenwood, IL, 61049 uses $97,793 cash to close to unlock $5,156/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $2,476/mo, and a $1,444/mo payment keeps the spread at $430/mo. Purchase price stands at $295,000, and rental yield measures 10.07% with $2,476/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 132.1% and total cumulative return in cash records $129,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,476/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Multi Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61049, Lindenwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 202 (100%) |
| Owner Occupied HU | 160 (79.2%) |
| Renter Occupied HU | 29 (14.4%) |
| Vacant Housing Units | 13 ( 6.4%) |
| Median Home Value | $191,667 |
| Average Home Value | $226,578 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
8
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Listed by: Carla Benesh • Re/Max Of Rock Valley
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202407025
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.