227 Roosevelt StLebanonIL62254
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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 Lebanon at 227 Roosevelt St, Lebanon, IL, 62254 priced at $149,900 converts $1,183/mo rent into $143/mo cash flow after a $734/mo obligation. Total monthly income equals $1,183/mo, and annual cash flow totals $1,715/yr on $49,692 invested. Return on cash invested prints 23.36% in year one, and rental yield reads 9.47% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 122.34% and total cumulative return in cash sums $60,791. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,183/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1949
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62254, Lebanon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,709 (63.6%) |
| Renter Occupied HU | 710 (26.4%) |
| Vacant Housing Units | 270 (10.0%) |
| Median Home Value | $244,341 |
| Average Home Value | $304,702 |
Housing Distribution
Address Breakdown
Residential
2,503
Single Family
2,340
Multi-Family
163
Businesses
160
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Listed by: Scott Athmer • Trophy Properties & Auction
Mls Name: MARIS
Mls Provider:
Mls ID: #25029964
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