621 Prairie StKincaidIL62540
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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
Investment property for sale in Kincaid at 621 Prairie St, Kincaid, IL, 62540 at $149,900 posts ROI 23.67% with $156/mo cash flow from $1,196/mo rent. Total monthly income equals $1,196/mo, and annual cash flow records $1,871/yr on $49,692 to close. Return on cash invested measures 23.67% and rental yield reads 9.57% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 124% and total cumulative return in cash totals $61,619.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,196/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
7,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62540, Kincaid, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 479 (69.0%) |
| Renter Occupied HU | 140 (20.2%) |
| Vacant Housing Units | 75 (10.8%) |
| Median Home Value | $121,516 |
| Average Home Value | $149,796 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Helen Kennedy • Kennedy Real Estate LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031961
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.