705 W Commercial StLyndonIL61261
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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 Lyndon at 705 W Commercial St, Lyndon, IL, 61261 generates $1,561/mo in rent, after a $1,219/mo payment. Total monthly income is $1,561/mo. Return on cash invested sits at 17.49% in year one, and rental yield is 7.52% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 90.87% and total cumulative return in cash sums $75,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,561/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61261, Lyndon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 297 (76.2%) |
| Renter Occupied HU | 40 (10.3%) |
| Vacant Housing Units | 53 (13.6%) |
| Median Home Value | $145,259 |
| Average Home Value | $182,761 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
13
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