21864 Illinois AveThompsonvilleIL62890
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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 Thompsonville at 21864 Illinois Ave, Thompsonville, IL, 62890 offers a 8.47% rental yield on a $129,900 purchase with $917/mo rent. Total monthly income registers $917/mo, and a $636/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $189/yr on $43,062 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 106.19% and total cumulative return in cash at $45,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $917/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62890, Thompsonville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,211 (100%) |
| Owner Occupied HU | 893 (73.7%) |
| Renter Occupied HU | 163 (13.5%) |
| Vacant Housing Units | 155 (12.8%) |
| Median Home Value | $142,878 |
| Average Home Value | $250,795 |
Housing Distribution
Address Breakdown
Residential
1,071
Single Family
1,071
Multi-Family
0
Businesses
38
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Listed by: JESSICA SQUIRES • RE/MAX INTEGRITY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456882
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.