301 S Washington StLincolnIL62656
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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 Lincoln at 301 S Washington St, Lincoln, IL, 62656 at $139,900 posts ROI 28.3% with $324/mo cash flow from $1,295/mo rent. Total monthly income equals $1,295/mo, and annual cash flow records $3,892/yr on $46,377 to close. Return on cash invested measures 28.3% and rental yield reads 11.11% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 148.89% and total cumulative return in cash totals $69,051.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,295/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
9,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62656, Lincoln, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,652 (100%) |
| Owner Occupied HU | 4,614 (60.3%) |
| Renter Occupied HU | 2,226 (29.1%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $133,344 |
| Average Home Value | $162,380 |
Housing Distribution
Address Breakdown
Residential
7,055
Single Family
6,707
Multi-Family
348
Businesses
632
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