22545 Thompsonville Lake 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
Rental property for sale in Thompsonville at 22545 Thompsonville Lake Rd, Thompsonville, IL, 62890 generates $1,319/mo in rent and, after a $729/mo payment, leaves $286/mo in cash flow. Total monthly income is $1,319/mo, and annual cash flow is $3,428/yr on $49,394 invested. Return on cash invested sits at 26.85% in year one, and rental yield is 10.62% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 141.06% and total cumulative return in cash sums $69,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,319/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
2 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 R LINDHORST • Heavenly Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458195
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.