7405 State Route 1LawrencevilleIL62439
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
Investment property for sale in Lawrenceville at 7405 State Route 1, Lawrenceville, IL, 62439 earns $119/mo cash flow from $1,367/mo rent with a $881/mo payment. Total monthly income totals $1,367/mo, and annual cash flow totals $1,424/yr on $59,637 capital. ROI tracks 22.3% on current figures, and rental yield reads 9.12% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 116.66% and total cumulative return in cash sums $69,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,367/mo property income instead of your personal income.
Single Family
Built in N/A
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62439, Lawrenceville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,321 (100%) |
| Owner Occupied HU | 2,049 (61.7%) |
| Renter Occupied HU | 865 (26.0%) |
| Vacant Housing Units | 407 (12.3%) |
| Median Home Value | $114,517 |
| Average Home Value | $170,669 |
Housing Distribution
Address Breakdown
Residential
3,328
Single Family
3,134
Multi-Family
194
Businesses
285
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Nearby investment properties with comparable prices
Listed by: April Wilcox • Parrott Marketing Group, LLC
Mls Name: My State MLS
Mls ID: #11565928