616 Parkview 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
Investment property for sale in Lebanon at 616 Parkview Dr, Lebanon, IL, 62254 with 5% annual appreciation on a $299,900 basis while $2,801/mo rent supports operations. Total monthly income totals $2,801/mo and a $1,468/mo payment preserves $721/mo for cash returns. Annual cash flow comes to $8,648/yr on $99,417 deployed, and return on cash invested reaches 28.61% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 11.21%. Five-year ROI measures 150.49% and total cumulative return in cash totals $149,608.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,801/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1967
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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