428 N Main StLewistownIL61542
Nearby investment properties with comparable rents
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 Lewistown at 428 N Main St, Lewistown, IL, 61542 at $104,900 posts ROI 22.93% with $88/mo cash flow from $837/mo rent. Total monthly income equals $837/mo, and annual cash flow records $1,051/yr on $34,774 to close. Return on cash invested measures 22.93% and rental yield reads 9.57% at the current $104,900. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 by year five. Five-year ROI prints 120.35% and total cumulative return in cash totals $41,850.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $837/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1924
6,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61542, Lewistown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,749 (100%) |
| Owner Occupied HU | 1,086 (62.1%) |
| Renter Occupied HU | 386 (22.1%) |
| Vacant Housing Units | 277 (15.8%) |
| Median Home Value | $128,538 |
| Average Home Value | $202,569 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,458
Multi-Family
120
Businesses
116
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Listed by: Kali Farmer • Keller Williams Revolution
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1260653
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.