407 Lincoln Ave

Jerseyville, IL 62052
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4 bd, 3 ba | 1,940 sqft | Built in 1970

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List Price
$104,900

$5.1K

Initial Investment

$28,585

Purchase Price

$104,900

Down Payment

25%

Rent

$770

Total Return

$35,013

Annualized Return

17.0%

Cap Rate

5.3%

Gross Yield

8.8%

Cash Flow

-$575

Appreciation

6.4%
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Features

Lot Size

8,295

HOA

None

Flood Risk

Not Required

Lots of home for a reasonable price makes this a great value!!! Excellent lot this 3 Bedroom 3 bath home is incredible for the money. 3 Bedrooms and 2 baths on the main level with a spacious living room and eat-in Kitchen. Make your way to the lower level for a 95%+ finished basement and lots to offer. You would be hard pressed to find a 3 BR 3 bath home for under $150,000 hurry while it's still available.

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Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Agent License #475163463
Annual Financial Highlights

Expected Rent

$8,778

Expenses

-$1,650

Property Taxes

-$2,000

Loan Payments

-$5,703

Net Cash Flow

-$575

See more in Financials

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Tim Wooff
Agent License 471005972
Wooff Realtors
Certified Agent Brokerage:Payton Blaylock
EXP Realty LLC (Payton Blaylock-IL)
IL Brokerage License 477014144
SourceMid America Regional Information Systems (MARIS).
MLS #23006753
Last Updated: 03/11/2023 12:03
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