703 Lincoln StHarvardIL60033
Nearby investment properties with comparable rents
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 Harvard at 703 Lincoln St, Harvard, IL, 60033 priced at $249,600 pairs $1,795/mo rent with $63/mo cash flow after a $1,222/mo payment. Total monthly income equals $1,795/mo, and annual cash flow comes to $761/yr on $82,742 invested. Return on cash invested is 20.83% in year one, and rental yield stands at 8.63% on a $249,600 basis. Equity gained on principal adds $1,611/yr, and 5% annual appreciation accumulates to $68,960 by year five. Five-year ROI measures 108.79% and total cumulative return in cash reaches $90,016. For financing, Ziffy Mortgage’s DSCR program evaluates $1,795/mo property income against a $1,222/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60033, Harvard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,189 (100%) |
| Owner Occupied HU | 3,315 (63.9%) |
| Renter Occupied HU | 1,551 (29.9%) |
| Vacant Housing Units | 323 ( 6.2%) |
| Median Home Value | $243,968 |
| Average Home Value | $284,540 |
Housing Distribution
Address Breakdown
Residential
4,948
Single Family
4,485
Multi-Family
463
Businesses
429
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