2039 Shook LnCentraliaIL62801
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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 Centralia at 2039 Shook Ln, Centralia, IL, 62801 with 5% annual appreciation on a $405,000 basis while $2,868/mo rent supports operations. Total monthly income totals $2,868/mo and a $1,982/mo payment preserves $59/mo for cash returns. Annual cash flow comes to $709/yr on $134,258 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $2,613/yr, and five-year appreciation sums $111,894 alongside rental yield of 8.5%. Five-year ROI measures 106.68% and total cumulative return in cash totals $143,222.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,868/mo property income versus a $1,982/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62801, Centralia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,262 (100%) |
| Owner Occupied HU | 5,699 (61.5%) |
| Renter Occupied HU | 2,379 (25.7%) |
| Vacant Housing Units | 1,184 (12.8%) |
| Median Home Value | $103,671 |
| Average Home Value | $137,404 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
7,994
Multi-Family
436
Businesses
716
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Listed by: Curtis Thompson • Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033991
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.