713 Lynn StHopedaleIL61747
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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 Hopedale at 713 Lynn St, Hopedale, IL, 61747 offers a 11.84% rental yield on a $150,000 purchase with $1,480/mo rent. Total monthly income registers $1,480/mo, and a $734/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,277/yr on $49,725 to close, and return on cash invested stands at 30.52% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 160.74% and total cumulative return in cash at $79,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61747, Hopedale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 462 (79.5%) |
| Renter Occupied HU | 79 (13.6%) |
| Vacant Housing Units | 40 ( 6.9%) |
| Median Home Value | $251,190 |
| Average Home Value | $246,466 |
Housing Distribution
Address Breakdown
Residential
360
Single Family
360
Multi-Family
0
Businesses
48
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