475 E Lincoln AveHinckleyIL60520
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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 Hinckley at 475 E Lincoln Ave, Hinckley, IL, 60520 offers a 10.81% rental yield on a $292,900 purchase with $2,639/mo rent. Total monthly income registers $2,639/mo, and a $1,434/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,047/yr on $97,096 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,890/yr while 5% annual appreciation supports $80,923 over five years. Portfolio math shows five-year ROI at 142.86% and total cumulative return in cash at $138,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,639/mo property income against a $1,434/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60520, Hinckley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,148 (100%) |
| Owner Occupied HU | 862 (75.1%) |
| Renter Occupied HU | 217 (18.9%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $297,566 |
| Average Home Value | $330,171 |
Housing Distribution
Address Breakdown
Residential
978
Single Family
960
Multi-Family
18
Businesses
93
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