2705 Lufkin RdMoundsIL62964
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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 Mounds at 2705 Lufkin Rd, Mounds, IL, 62964 generates $1,222/mo in rent, after a $905/mo payment. Total monthly income is $1,222/mo. Return on cash invested sits at 18.72% in year one, and rental yield is 7.93% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 97.51% and total cumulative return in cash sums $59,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,222/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
13.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62964, Mounds, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 675 (100%) |
| Owner Occupied HU | 364 (53.9%) |
| Renter Occupied HU | 160 (23.7%) |
| Vacant Housing Units | 151 (22.4%) |
| Median Home Value | $77,895 |
| Average Home Value | $89,876 |
Housing Distribution
Address Breakdown
Residential
513
Single Family
513
Multi-Family
0
Businesses
66
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Listed by: KAREN L JONES • MARK TWAIN REAL ESTATE SERVICES INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455763
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.