604 N Kickapoo StLincolnIL62656
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Nearby investment properties with comparable prices
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 604 N Kickapoo St, Lincoln, IL, 62656 priced at $139,900 pairs $2,222/mo rent with $1,249/mo cash flow after a $685/mo payment. Total monthly income equals $2,222/mo, and annual cash flow comes to $14,991/yr on $46,377 invested. Return on cash invested is 52.23% in year one, and rental yield stands at 19.06% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 277.28% and total cumulative return in cash reaches $128,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,222/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1882
0.25 Acres 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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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031585
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.