22648 Fleming RdTopekaIL61567
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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 Topeka at 22648 Fleming Rd, Topeka, IL, 61567 offers a 9.03% rental yield on a $119,900 purchase with $902/mo rent. Total monthly income registers $902/mo, and a $587/mo payment leaves $70/mo available for distribution. Annual cash flow reaches $842/yr on $39,747 to close, and return on cash invested stands at 22.03% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 115.3% and total cumulative return in cash at $45,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61567, Topeka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 268 (70.9%) |
| Renter Occupied HU | 64 (16.9%) |
| Vacant Housing Units | 46 (12.2%) |
| Median Home Value | $132,500 |
| Average Home Value | $132,220 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
348
Multi-Family
0
Businesses
14
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