187 Lavern RdDe SotoIL62924
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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 De Soto at 187 Lavern Rd, De Soto, IL, 62924 offers $2,400/mo rent that, after a $1,125/mo payment, leaves $806/mo cash flow. Total monthly income is $2,400/mo, and annual cash flow is $9,667/yr on $76,212 cash. Return on cash invested measures 32.59% in year one, and rental yield stands at 12.53% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 171.86% and total cumulative return in cash reaches $130,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,400/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62924, De Soto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 800 (58.8%) |
| Renter Occupied HU | 397 (29.2%) |
| Vacant Housing Units | 164 (12.0%) |
| Median Home Value | $115,099 |
| Average Home Value | $154,128 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,151
Multi-Family
0
Businesses
42
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Listed by: Justin Zurlinden • Landmark Realty Group CD
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454642
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.