6347 E 400th StLynn CenterIL61262
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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 Lynn Center at 6347 E 400th St, Lynn Center, IL, 61262 earns $269/mo cash flow from $1,829/mo rent with a $1,101/mo payment. Total monthly income totals $1,829/mo, and annual cash flow totals $3,223/yr on $74,588 capital. ROI tracks 24.23% on current figures, and rental yield reads 9.75% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 127.01% and total cumulative return in cash sums $94,737. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,829/mo property income instead of your personal income.
Single Family
Built in 1899
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61262, Lynn Center, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 320 (100%) |
| Owner Occupied HU | 282 (88.1%) |
| Renter Occupied HU | 17 ( 5.3%) |
| Vacant Housing Units | 21 ( 6.6%) |
| Median Home Value | $225,000 |
| Average Home Value | $233,803 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
9
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Listed by: Eric Ryden • Quad Cities Iowa Realty - Moline
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264030
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.