107 W Teak StThayerIL62689
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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
Investment property for sale in Thayer at 107 W Teak St, Thayer, IL, 62689 with 5% annual appreciation on a $105,000 basis while $827/mo rent supports operations. Total monthly income totals $827/mo and a $514/mo payment preserves $99/mo for cash returns. Annual cash flow comes to $1,183/yr on $34,808 deployed, and return on cash invested reaches 23.31% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.45%. Five-year ROI measures 122.12% and total cumulative return in cash totals $42,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $827/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62689, Thayer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 239 (100%) |
| Owner Occupied HU | 185 (77.4%) |
| Renter Occupied HU | 28 (11.7%) |
| Vacant Housing Units | 26 (10.9%) |
| Median Home Value | $265,741 |
| Average Home Value | $249,622 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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