22304 Loud Thunder RdIllinois CityIL61259
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 22304 Loud Thunder Rd, Illinois City, IL, 61259 in Illinois City worth study. Rental yield 1.48%. The 1.48% gross yield is below cash-flow benchmarks at $1,290,000, but 5% annual appreciation, adding $356,403 over five years, frames this as a capital growth position. Rent of $1,594/mo partially offsets the $5,801/mo payment. Ziffy Mortgage finances appreciation-play properties (0.27 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $20,138.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.5% | 7.5% |
| Monthly Cash Flow | $(7,354) | $200 |
City averages based on Illinois City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,594 |
| Total Monthly Debt Service | $8,434 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
194.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61259, Illinois City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 433 (82.2%) |
| Renter Occupied HU | 54 (10.2%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,274 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
194.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61259, Illinois City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 527 (100%) |
| Owner Occupied HU | 433 (82.2%) |
| Renter Occupied HU | 54 (10.2%) |
| Vacant Housing Units | 40 ( 7.6%) |
| Median Home Value | $221,284 |
| Average Home Value | $243,274 |
Housing Distribution
Address Breakdown
Residential
487
Single Family
487
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11687268