13046 Lark CtCreal SpringsIL62922
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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 Creal Springs at 13046 Lark Ct, Creal Springs, IL, 62922 earns from $1,813/mo rent with a $1,689/mo payment. Total monthly income totals $1,813/mo. ROI tracks 13.82% on current figures, and rental yield reads 6.31% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 71.16% and total cumulative return in cash sums $81,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,813/mo property income instead of your personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62922, Creal Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 1,112 (68.4%) |
| Renter Occupied HU | 164 (10.1%) |
| Vacant Housing Units | 349 (21.5%) |
| Median Home Value | $216,244 |
| Average Home Value | $223,649 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
27
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Listed by: MELISSA PLANT • COLDWELL BANKER J D THOMPSON
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12554637