10290 One Mile RdThomsonIL61285
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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 Thomson at 10290 One Mile Rd, Thomson, IL, 61285 generates $1,253/mo in rent, after a $974/mo payment. Total monthly income is $1,253/mo. Return on cash invested sits at 17.59% in year one, and rental yield is 7.56% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 91.42% and total cumulative return in cash sums $60,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,253/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
7.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61285, Thomson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 924 (100%) |
| Owner Occupied HU | 627 (67.9%) |
| Renter Occupied HU | 134 (14.5%) |
| Vacant Housing Units | 163 (17.6%) |
| Median Home Value | $171,324 |
| Average Home Value | $201,228 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
773
Multi-Family
8
Businesses
42
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Listed by: Stefanie Burmahl • EXP REALTY, LLC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261135
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.