413 E Lincoln StMonticelloIL61856
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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 Monticello at 413 E Lincoln St, Monticello, IL, 61856 with 5% annual appreciation on a $168,500 basis while $1,734/mo rent supports operations. Total monthly income totals $1,734/mo and a $825/mo payment preserves $565/mo for cash returns. Annual cash flow comes to $6,780/yr on $55,858 deployed, and return on cash invested reaches 32.05% in year one. Equity gained on principal adds $1,087/yr, and five-year appreciation sums $46,553 alongside rental yield of 12.35%. Five-year ROI measures 168.93% and total cumulative return in cash totals $94,362.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,734/mo property income versus a $825/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61856, Monticello, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,471 (100%) |
| Owner Occupied HU | 2,665 (76.8%) |
| Renter Occupied HU | 586 (16.9%) |
| Vacant Housing Units | 220 ( 6.3%) |
| Median Home Value | $218,269 |
| Average Home Value | $250,692 |
Housing Distribution
Address Breakdown
Residential
3,379
Single Family
3,206
Multi-Family
173
Businesses
337
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Listed by: Matthew Foster • RE/MAX REALTY ASSOCIATES-MONT
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12359776