3349 150th AveLynn CenterIL61262
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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 Lynn Center at 3349 150th Ave, Lynn Center, IL, 61262 generates $1,362/mo in rent and, after a $636/mo payment, leaves $461/mo in cash flow. Total monthly income is $1,362/mo, and annual cash flow is $5,529/yr on $43,062 invested. Return on cash invested sits at 32.75% in year one, and rental yield is 12.58% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 172.71% and total cumulative return in cash sums $74,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,362/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61262, Lynn Center, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 282 (88.1%) |
| Renter Occupied HU | 17 ( 5.3%) |
| Vacant Housing Units | 21 ( 6.6%) |
| Median Home Value | $225,000 |
| Average Home Value | $233,803 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
9
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Listed by: Heidi Colbrese • Ruhl&Ruhl REALTORS Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262848
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.