11 Lincoln RdCantonIL61520
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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 Canton at 11 Lincoln Rd, Canton, IL, 61520 uses $72,930 cash to close to unlock $602/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $1,648/mo, and a $1,077/mo payment keeps the spread at $50/mo. Purchase price stands at $220,000, and rental yield measures 8.99% with $1,648/mo rent. Return on cash invested shows 20.73% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 108.73% and total cumulative return in cash records $79,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,648/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61520, Canton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,481 (100%) |
| Owner Occupied HU | 4,774 (63.8%) |
| Renter Occupied HU | 1,833 (24.5%) |
| Vacant Housing Units | 874 (11.7%) |
| Median Home Value | $121,170 |
| Average Home Value | $158,401 |
Housing Distribution
Address Breakdown
Residential
6,714
Single Family
6,340
Multi-Family
374
Businesses
482
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Listed by: Douglas Falk • Gorsuch Realty & Auction
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258438
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.