124 S Lincoln StBraidwoodIL60408
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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 Braidwood at 124 S Lincoln St, Braidwood, IL, 60408 priced at $359,000 pairs $3,472/mo rent with $982/mo cash flow after a $1,757/mo payment. Total monthly income equals $3,472/mo, and annual cash flow comes to $11,784/yr on $119,009 invested. Return on cash invested is 29.81% in year one, and rental yield stands at 11.61% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 156.95% and total cumulative return in cash reaches $186,787. For financing, Ziffy Mortgage’s DSCR program evaluates $3,472/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60408, Braidwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,265 (100%) |
| Owner Occupied HU | 1,714 (75.7%) |
| Renter Occupied HU | 423 (18.7%) |
| Vacant Housing Units | 128 ( 5.7%) |
| Median Home Value | $253,766 |
| Average Home Value | $325,824 |
Housing Distribution
Address Breakdown
Residential
2,252
Single Family
2,252
Multi-Family
0
Businesses
116
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