106 Johnson LnRaymondIL62560
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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
Rental property for sale in Raymond at 106 Johnson Ln, Raymond, IL, 62560 priced at $189,000 pairs $1,504/mo rent with $193/mo cash flow after a $925/mo payment. Total monthly income equals $1,504/mo, and annual cash flow comes to $2,317/yr on $62,654 invested. Return on cash invested is 23.61% in year one, and rental yield stands at 9.55% on a $189,000 basis. Equity gained on principal adds $1,220/yr, and 5% annual appreciation accumulates to $52,217 by year five. Five-year ROI measures 123.74% and total cumulative return in cash reaches $77,530. For financing, Ziffy Mortgage’s DSCR program evaluates $1,504/mo property income against a $925/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62560, Raymond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 627 (100%) |
| Owner Occupied HU | 459 (73.2%) |
| Renter Occupied HU | 117 (18.7%) |
| Vacant Housing Units | 51 ( 8.1%) |
| Median Home Value | $135,500 |
| Average Home Value | $165,054 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
394
Multi-Family
11
Businesses
57
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