Lincoln Ranch Plan, Preservation OaksRichmondIL60071
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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 Richmond at Lincoln Ranch Plan, Preservation Oaks, Richmond, IL, 60071 priced at $478,900 converts $3,463/mo rent into $141/mo cash flow after a $2,344/mo obligation. Total monthly income equals $3,463/mo, and annual cash flow totals $1,695/yr on $158,755 invested. Return on cash invested prints 20.98% in year one, and rental yield reads 8.68% against a $478,900 entry. Equity gained on principal adds $3,090/yr, while 5% annual appreciation compiles into $132,311 by year five. Five-year ROI reaches 109.56% and total cumulative return in cash sums $173,935. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,463/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60071, Richmond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,188 (65.7%) |
| Renter Occupied HU | 498 (27.5%) |
| Vacant Housing Units | 123 ( 6.8%) |
| Median Home Value | $370,510 |
| Average Home Value | $400,069 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,270
Multi-Family
467
Businesses
219
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