8320 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 8320 State Route 1, Lawrenceville, IL, 62439 offers a 9% rental yield on a $199,000 purchase with $1,493/mo rent. Total monthly income registers $1,493/mo, and a $974/mo payment leaves $113/mo available for distribution. Annual cash flow reaches $1,352/yr on $65,969 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 114.81% and total cumulative return in cash at $75,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,493/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
6.32 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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Listed by: Samantha Howard • Meeks Real Estate, Inc.
Mls Name: My State MLS
Mls ID: #11545978