109 Philip RdChristopherIL62822
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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 Christopher at 109 Philip Rd, Christopher, IL, 62822 offers a 10.19% rental yield on a $179,500 purchase with $1,524/mo rent. Total monthly income registers $1,524/mo, and a $879/mo payment leaves $279/mo available for distribution. Annual cash flow reaches $3,342/yr on $59,504 to close, and return on cash invested stands at 25.53% in year one. Equity gained on principal adds $1,158/yr while 5% annual appreciation supports $49,593 over five years. Portfolio math shows five-year ROI at 133.99% and total cumulative return in cash at $79,732. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $879/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62822, Christopher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,438 (100%) |
| Owner Occupied HU | 889 (61.8%) |
| Renter Occupied HU | 346 (24.1%) |
| Vacant Housing Units | 203 (14.1%) |
| Median Home Value | $92,347 |
| Average Home Value | $125,155 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,271
Multi-Family
0
Businesses
79
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Listed by: Kristen Anastasi • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls ID: #QC4267097