512 S Herman StLebanonIL62254
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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 512 S Herman St, Lebanon, IL, 62254 priced at $244,900 pairs $1,753/mo rent with $54/mo cash flow after a $1,199/mo payment. Total monthly income equals $1,753/mo, and annual cash flow comes to $648/yr on $81,184 invested. Return on cash invested is 20.71% in year one, and rental yield stands at 8.59% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 108.1% and total cumulative return in cash reaches $87,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,753/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1897
7,405 sqft 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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