142 E Lincoln St UNIT CWatermanIL60556
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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 Waterman at 142 E Lincoln St UNIT C, Waterman, IL, 60556 earns $204/mo cash flow from $1,515/mo rent with a $925/mo payment. Total monthly income totals $1,515/mo, and annual cash flow totals $2,449/yr on $62,654 capital. ROI tracks 23.82% on current figures, and rental yield reads 9.62% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash sums $78,226. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,515/mo property income instead of your personal income.
Townhouse
Built in 1992
775 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60556, Waterman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 858 (100%) |
| Owner Occupied HU | 625 (72.8%) |
| Renter Occupied HU | 164 (19.1%) |
| Vacant Housing Units | 69 ( 8.0%) |
| Median Home Value | $262,649 |
| Average Home Value | $295,472 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
648
Multi-Family
25
Businesses
55
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