429 S Kickapoo StLincolnIL62656
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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 Lincoln at 429 S Kickapoo St, Lincoln, IL, 62656 priced at $350,000 pairs $2,376/mo rent with after a $1,713/mo payment. Total monthly income equals $2,376/mo. Return on cash invested is 19.38% in year one, and rental yield stands at 8.15% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 100.98% and total cumulative return in cash reaches $117,158. For financing, Ziffy Mortgage’s DSCR program evaluates $2,376/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
8,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62656, Lincoln, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,652 (100%) |
| Owner Occupied HU | 4,614 (60.3%) |
| Renter Occupied HU | 2,226 (29.1%) |
| Vacant Housing Units | 812 (10.6%) |
| Median Home Value | $133,344 |
| Average Home Value | $162,380 |
Housing Distribution
Address Breakdown
Residential
7,055
Single Family
6,707
Multi-Family
348
Businesses
632
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