15 Lincoln StStonefortIL62987
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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 Stonefort at 15 Lincoln St, Stonefort, IL, 62987 priced at $164,900 converts $1,253/mo rent into $109/mo cash flow after a $807/mo obligation. Total monthly income equals $1,253/mo, and annual cash flow totals $1,312/yr on $54,664 invested. Return on cash invested prints 22.31% in year one, and rental yield reads 9.12% against a $164,900 entry. Equity gained on principal adds $1,064/yr, while 5% annual appreciation compiles into $45,559 by year five. Five-year ROI reaches 116.75% and total cumulative return in cash sums $63,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,253/mo property income covering a $807/mo payment, not borrower’s personal income.
Manufactured
Built in 2008
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62987, Stonefort, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 540 (100%) |
| Owner Occupied HU | 399 (73.9%) |
| Renter Occupied HU | 66 (12.2%) |
| Vacant Housing Units | 75 (13.9%) |
| Median Home Value | $172,943 |
| Average Home Value | $219,474 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
16
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Listed by: TERRIE L MORRIS • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457595
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.