620 Clover 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
Rental property for sale in Lebanon at 620 Clover Dr, Lebanon, IL, 62254 priced at $295,000 pairs $4,313/mo rent with $2,267/mo cash flow after a $1,444/mo payment. Total monthly income equals $4,313/mo, and annual cash flow comes to $27,200/yr on $97,793 invested. Return on cash invested is 47.72% in year one, and rental yield stands at 17.54% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 252.98% and total cumulative return in cash reaches $247,394. For financing, Ziffy Mortgage’s DSCR program evaluates $4,313/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
0.35 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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Listed by: Christopher M Kelly • Real Broker LLC
Mls Name: MARIS
Mls Provider:
Mls ID: #24042401
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