2611 Springfield AveLawrencevilleIL62439
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
Investment Highlights
Investment property for sale in Lawrenceville at 2611 Springfield Ave, Lawrenceville, IL, 62439 at $193,000 posts ROI 35.12% with $811/mo cash flow from $2,150/mo rent. Total monthly income equals $2,150/mo, and annual cash flow records $9,731/yr on $63,980 to close. Return on cash invested measures 35.12% and rental yield reads 13.37% at the current $193,000. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 by year five. Five-year ROI prints 185.38% and total cumulative return in cash totals $118,602.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,150/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.40 Acres 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
Mls Name: F.C. Tucker Emge REALTORS
Mls ID: #202516048