111 N Broadway StLewistownIL61542
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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 Lewistown at 111 N Broadway St, Lewistown, IL, 61542 offers $1,880/mo rent that, after a $636/mo payment, leaves $979/mo cash flow. Total monthly income is $1,880/mo, and annual cash flow is $11,743/yr on $43,095 cash. Return on cash invested measures 47.16% in year one, and rental yield stands at 17.35% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 249.98% and total cumulative return in cash reaches $107,727. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,880/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1898
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61542, Lewistown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,086 (62.1%) |
| Renter Occupied HU | 386 (22.1%) |
| Vacant Housing Units | 277 (15.8%) |
| Median Home Value | $128,538 |
| Average Home Value | $202,569 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,458
Multi-Family
120
Businesses
116
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