16338 E Red Maple LnLewistownIL61542
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 Lewistown at 16338 E Red Maple Ln, Lewistown, IL, 61542 offers a 7.43% rental yield on a $162,000 purchase with $1,003/mo rent. 21% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 89.41% and total cumulative return in cash at $48,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,003/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61542, Lewistown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,086 (62.1%) |
| Renter Occupied HU | 386 (22.1%) |
| Vacant Housing Units | 277 (15.8%) |
| Median Home Value | $128,538 |
| Average Home Value | $202,569 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,458
Multi-Family
120
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Ruey • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258139
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.