529 Lucas LnForsythIL62535
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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 Forsyth at 529 Lucas Ln, Forsyth, IL, 62535 earns from $2,880/mo rent with a $2,521/mo payment. Total monthly income totals $2,880/mo. ROI tracks 15.16% on current figures, and rental yield reads 6.71% at a $515,000 purchase. Equity gained on principal adds $3,323/yr, and 5% annual appreciation supports $142,285 over five years. Five-year ROI reaches 78.32% and total cumulative return in cash sums $132,697. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,880/mo property income instead of your personal income.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62535, Forsyth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,351 (100%) |
| Owner Occupied HU | 1,091 (80.8%) |
| Renter Occupied HU | 194 (14.4%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $305,491 |
| Average Home Value | $339,675 |
Housing Distribution
Address Breakdown
Residential
1,366
Single Family
1,366
Multi-Family
0
Businesses
164
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