1479 Knoxville RdLynn CenterIL61262
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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 Lynn Center at 1479 Knoxville Rd, Lynn Center, IL, 61262 generates $840/mo in rent and, after a $514/mo payment, leaves $112/mo in cash flow. Total monthly income is $840/mo, and annual cash flow is $1,339/yr on $34,808 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 9.6% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 124.5% and total cumulative return in cash sums $43,334. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $840/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61262, Lynn Center, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 282 (88.1%) |
| Renter Occupied HU | 17 ( 5.3%) |
| Vacant Housing Units | 21 ( 6.6%) |
| Median Home Value | $225,000 |
| Average Home Value | $233,803 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
9
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Listed by: Abbi Wilson • RE/MAX Country Crossroads
Mls Name: RMLS Alliance
Mls ID: #QC4269134