1707 13th 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
Rental property for sale in Lawrenceville at 1707 13th St, Lawrenceville, IL, 62439 generates $980/mo in rent and, after a $529/mo payment, leaves $231/mo in cash flow. Total monthly income is $980/mo, and annual cash flow is $2,766/yr on $35,802 invested. Return on cash invested sits at 27.63% in year one, and rental yield is 10.89% on a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 145.35% and total cumulative return in cash sums $52,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $980/mo property income rather than buyer’s personal income.
Single Family
Built in 1917
8,712 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: Matthew Lawrence • KLEIN RLTY&AUCTION, INC.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431691
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.