105 Florence StLebanonIL62254
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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 Lebanon at 105 Florence St, Lebanon, IL, 62254 offers a 9.33% rental yield on a $388,000 purchase with $3,017/mo rent. Total monthly income registers $3,017/mo, and a $1,899/mo payment leaves $326/mo available for distribution. Annual cash flow reaches $3,910/yr on $128,622 to close, and return on cash invested stands at 22.95% in year one. Equity gained on principal adds $2,504/yr while 5% annual appreciation supports $107,197 over five years. Portfolio math shows five-year ROI at 120.12% and total cumulative return in cash at $154,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,017/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62254, Lebanon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,709 (63.6%) |
| Renter Occupied HU | 710 (26.4%) |
| Vacant Housing Units | 270 (10.0%) |
| Median Home Value | $244,341 |
| Average Home Value | $304,702 |
Housing Distribution
Address Breakdown
Residential
2,503
Single Family
2,340
Multi-Family
163
Businesses
160
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Listed by: Beth L Ortega • RE/MAX Preferred
Mls Name: MARIS
Mls Provider:
Mls ID: #24057535
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