165 Nile LnCreal 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 165 Nile Ln, Creal Springs, IL, 62922 at $189,900 posts ROI 22.2% with $120/mo cash flow from $1,437/mo rent. Total monthly income equals $1,437/mo, and annual cash flow records $1,443/yr on $62,952 to close. Return on cash invested measures 22.2% and rental yield reads 9.08% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 116.15% and total cumulative return in cash totals $73,121.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,437/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
2.51 Acres 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: Joanna Ferrell • House 2 Home Realty Marion
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4260353