1602 16th StLawrencevilleIL62439
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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 Lawrenceville at 1602 16th St, Lawrenceville, IL, 62439 earns $445/mo cash flow from $1,270/mo rent with a $582/mo payment. Total monthly income totals $1,270/mo, and annual cash flow totals $5,340/yr on $39,449 capital. ROI tracks 33.45% on current figures, and rental yield reads 12.81% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 176.51% and total cumulative return in cash sums $69,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,270/mo property income instead of your personal income.
Single Family
Built in 1955
8,145 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62439, Lawrenceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,321 (100%) |
| Owner Occupied HU | 2,049 (61.7%) |
| Renter Occupied HU | 865 (26.0%) |
| Vacant Housing Units | 407 (12.3%) |
| Median Home Value | $114,517 |
| Average Home Value | $170,669 |
Housing Distribution
Address Breakdown
Residential
3,328
Single Family
3,134
Multi-Family
194
Businesses
285
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Listed by: Jan Parsons • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls ID: #202532885