2301 Devonshire DrLawrencevilleIL62439
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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
Investment property for sale in Lawrenceville at 2301 Devonshire Dr, Lawrenceville, IL, 62439 listed at $158,900 pairs $1,412/mo rent with a $778/mo payment to leave $310/mo cash flow. Total monthly income runs $1,412/mo, and annual cash flow reaches $3,715/yr on $52,675 cash to close. Return on cash invested measures 26.96% in year one, and rental yield registers 10.66% at a $158,900 basis. Equity gained on principal adds $1,025/yr, and annual property appreciation at 5% supports $43,901 by year five. Five-year ROI tracks 141.68% and total cumulative return in cash totals $74,632. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,412/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1959
9,240 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: N/A • N/A
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