413 Lincoln StVeniceIL62090
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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 Venice at 413 Lincoln St, Venice, IL, 62090 listed at $125,000 pairs $956/mo rent with a $612/mo payment to leave $89/mo cash flow. Total monthly income runs $956/mo, and annual cash flow reaches $1,065/yr on $41,438 cash to close. Return on cash invested measures 22.48% in year one, and rental yield registers 9.18% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 117.62% and total cumulative return in cash totals $48,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $956/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
9,374 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62090, Venice, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 202 (40.6%) |
| Renter Occupied HU | 233 (46.9%) |
| Vacant Housing Units | 62 (12.5%) |
| Median Home Value | $53,571 |
| Average Home Value | $118,985 |
Housing Distribution
Address Breakdown
Residential
408
Single Family
408
Multi-Family
0
Businesses
33
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