18 Lincoln CtPutnamIL61560
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 18 Lincoln Ct, Putnam, IL, 61560 in Putnam at $325,000 earns $2,460/mo in rent and nets $84/mo after the $1,461/mo payment, a 9.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $89,792 over five years. Ziffy Mortgage underwrites this on a 1.68 DSCR without U.S. credit history. With $2,993/yr in principal paydown, total projected return reaches $137,574.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $84 | $300 |
City averages based on Putnam market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,460 |
| Total Monthly Debt Service | $2,125 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61560, Putnam, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 334 (48.0%) |
| Renter Occupied HU | 44 ( 6.3%) |
| Vacant Housing Units | 318 (45.7%) |
| Median Home Value | $263,393 |
| Average Home Value | $277,605 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
11
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
Single Family
Built in 2010
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61560, Putnam, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 696 (100%) |
| Owner Occupied HU | 334 (48.0%) |
| Renter Occupied HU | 44 ( 6.3%) |
| Vacant Housing Units | 318 (45.7%) |
| Median Home Value | $263,393 |
| Average Home Value | $277,605 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices