208 E Teak StThayerIL62689
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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 Thayer at 208 E Teak St, Thayer, IL, 62689 listed at $155,000 pairs $1,215/mo rent with a $759/mo payment to leave $140/mo cash flow. Total monthly income runs $1,215/mo, and annual cash flow reaches $1,674/yr on $51,383 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 9.41% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 121.36% and total cumulative return in cash totals $62,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,215/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62689, Thayer, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 239 (100%) |
| Owner Occupied HU | 185 (77.4%) |
| Renter Occupied HU | 28 (11.7%) |
| Vacant Housing Units | 26 (10.9%) |
| Median Home Value | $265,741 |
| Average Home Value | $249,622 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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Listed by: Dominic Campo • Campo Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035182
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.