427 N Lincoln St, Cerro gordo, IL, 61818 | $1,003/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cerro gordo at 427 N Lincoln St, Cerro gordo, IL, 61818 listed at $178,000 pairs $2,237/mo rent with a $871/mo payment to leave $1,003/mo cash flow. Total monthly income runs $2,237/mo, and annual cash flow reaches $12,031/yr on $59,007 cash to close. Return on cash invested measures 40.3% in year one, and rental yield registers 15.08% at a $178,000 basis. Equity gained on principal adds $1,149/yr, and annual property appreciation at 5% supports $49,178 by year five. Five-year ROI tracks 213.17% and total cumulative return in cash totals $125,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,237/mo property income relative to a $871/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

0.29 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61818, Cerro Gordo, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	698 (100%)
Owner Occupied HU	514 (73.6%)
Renter Occupied HU	124 (17.8%)
Vacant Housing Units	60 ( 8.6%)
Median Home Value	$127,500
Average Home Value	$148,278