225 W Middle StLovingtonIL61937
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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 Lovington at 225 W Middle St, Lovington, IL, 61937 priced at $175,000 converts $1,968/mo rent into $754/mo cash flow after a $857/mo obligation. Total monthly income equals $1,968/mo, and annual cash flow totals $9,044/yr on $58,013 invested. Return on cash invested prints 35.5% in year one, and rental yield reads 13.49% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 187.44% and total cumulative return in cash sums $108,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,968/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 2001
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61937, Lovington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 851 (100%) |
| Owner Occupied HU | 580 (68.2%) |
| Renter Occupied HU | 173 (20.3%) |
| Vacant Housing Units | 98 (11.5%) |
| Median Home Value | $109,722 |
| Average Home Value | $145,069 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
38
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