2080 Route 166Creal 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 2080 Route 166, Creal Springs, IL, 62922 offers a 11.16% rental yield on a $194,000 purchase with $1,805/mo rent. Total monthly income registers $1,805/mo, and a $950/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,507/yr on $64,311 to close, and return on cash invested stands at 28.47% in year one. Equity gained on principal adds $1,252/yr while 5% annual appreciation supports $53,599 over five years. Portfolio math shows five-year ROI at 149.74% and total cumulative return in cash at $96,296. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,805/mo property income against a $950/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
3 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: Renee Abbey • Southern Illinois Realty Experts Herrin
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4269007