43 Harmon DrLebanonIL62254
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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 Lebanon at 43 Harmon Dr, Lebanon, IL, 62254 offers $1,928/mo rent that, after a $1,194/mo payment, leaves $236/mo cash flow. Total monthly income is $1,928/mo, and annual cash flow is $2,830/yr on $80,886 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 9.48% at a $244,000 entry. Equity gained on principal adds $1,574/yr while 5% annual appreciation compounds into $67,413 by year five. Five-year ROI records 122.57% and total cumulative return in cash reaches $99,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,928/mo property income versus a $1,194/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62254, Lebanon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,689 (100%) |
| Owner Occupied HU | 1,709 (63.6%) |
| Renter Occupied HU | 710 (26.4%) |
| Vacant Housing Units | 270 (10.0%) |
| Median Home Value | $244,341 |
| Average Home Value | $304,702 |
Housing Distribution
Address Breakdown
Residential
2,503
Single Family
2,340
Multi-Family
163
Businesses
160
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