16078 State Route 1LawrencevilleIL62439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 16078 State Route 1, Lawrenceville, IL, 62439 offers a 8.81% rental yield on a $179,900 purchase with $1,321/mo rent. Total monthly income registers $1,321/mo, and a $881/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $872/yr on $59,637 to close, and return on cash invested stands at 21.37% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 111.69% and total cumulative return in cash at $66,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,321/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.74 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Mcdonald • Parrott Marketing Group, LLC
Mls Name: My State MLS
Mls ID: #11628781