22456 Corinth RdThompsonvilleIL62890
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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 22456 Corinth Rd, Thompsonville, IL, 62890 listed at $340,000 pairs $3,346/mo rent with a $1,664/mo payment to leave $988/mo cash flow. Total monthly income runs $3,346/mo, and annual cash flow reaches $11,854/yr on $112,710 cash to close. Return on cash invested measures 30.43% in year one, and rental yield registers 11.81% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 160.22% and total cumulative return in cash totals $180,582. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,346/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
10.85 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: Kristen Anastasi • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4255009
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