2845 Egyptian Hills DrCreal SpringsIL62922
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
Investment Highlights
Investment property for sale in Creal Springs at 2845 Egyptian Hills Dr, Creal Springs, IL, 62922 offers a 10.09% rental yield on a $192,000 purchase with $1,615/mo rent. Total monthly income registers $1,615/mo, and a $940/mo payment leaves $283/mo available for distribution. Annual cash flow reaches $3,396/yr on $63,648 to close, and return on cash invested stands at 25.24% in year one. Equity gained on principal adds $1,239/yr while 5% annual appreciation supports $53,046 over five years. Portfolio math shows five-year ROI at 132.44% and total cumulative return in cash at $84,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,615/mo property income against a $940/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62922, Creal Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,625 (100%) |
| Owner Occupied HU | 1,112 (68.4%) |
| Renter Occupied HU | 164 (10.1%) |
| Vacant Housing Units | 349 (21.5%) |
| Median Home Value | $216,244 |
| Average Home Value | $223,649 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,191
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Monica McGinley • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4266205
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.