1600 Lemon St, Highland, IL, 62249 | 7.75% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Highland at 1600 Lemon St, Highland, IL, 62249 earns from $1,218/mo rent with a $923/mo payment. Total monthly income totals $1,218/mo. ROI tracks 18.18% on current figures, and rental yield reads 7.75% at a $188,500 purchase. Equity gained on principal adds $1,216/yr, and 5% annual appreciation supports $52,079 over five years. Five-year ROI reaches 94.65% and total cumulative return in cash sums $59,145. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,218/mo property income instead of your personal income.

Single Family

Built in 1954

10,576 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62249, Highland, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,148 (100%)
Owner Occupied HU	5,271 (73.7%)
Renter Occupied HU	1,472 (20.6%)
Vacant Housing Units	405 ( 5.7%)
Median Home Value	$264,878
Average Home Value	$300,071