1521 Kochs LnQuincyIL62305
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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 Quincy at 1521 Kochs Ln, Quincy, IL, 62305 generates $3,212/mo in rent and, after a $2,070/mo payment, leaves $275/mo in cash flow. Total monthly income is $3,212/mo, and annual cash flow is $3,298/yr on $140,225 invested. Return on cash invested sits at 22.26% in year one, and rental yield is 9.11% on a $423,000 entry. Equity gained on principal adds $2,730/yr, while 5% annual appreciation builds toward $116,867 over five years. Five-year ROI reaches 116.44% and total cumulative return in cash sums $163,273. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,212/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62305, Quincy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,511 (100%) |
| Owner Occupied HU | 6,567 (77.2%) |
| Renter Occupied HU | 1,393 (16.4%) |
| Vacant Housing Units | 551 ( 6.5%) |
| Median Home Value | $233,541 |
| Average Home Value | $257,294 |
Housing Distribution
Address Breakdown
Residential
8,078
Single Family
7,857
Multi-Family
221
Businesses
647
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