200 N Lincoln StThomasboroIL61878
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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 Thomasboro at 200 N Lincoln St, Thomasboro, IL, 61878 with 5% annual appreciation on a $147,000 basis while $1,167/mo rent supports operations. Total monthly income totals $1,167/mo and a $719/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,774/yr on $48,731 deployed, and return on cash invested reaches 23.55% in year one. Equity gained on principal adds $949/yr, and five-year appreciation sums $40,613 alongside rental yield of 9.53%. Five-year ROI measures 123.35% and total cumulative return in cash totals $60,108.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,167/mo property income versus a $719/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
8,184 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61878, Thomasboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 412 (62.7%) |
| Renter Occupied HU | 178 (27.1%) |
| Vacant Housing Units | 67 (10.2%) |
| Median Home Value | $131,061 |
| Average Home Value | $191,468 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
30
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Listed by: Vicki Cook, GRI • Coldwell Banker R.E. Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12511436