306 S Thomas StChristopherIL62822
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
Rental property for sale in Christopher at 306 S Thomas St, Christopher, IL, 62822 offers $1,633/mo rent that, after a $905/mo payment, leaves $350/mo cash flow. Total monthly income is $1,633/mo, and annual cash flow is $4,203/yr on $61,328 cash. Return on cash invested measures 26.76% in year one, and rental yield stands at 10.59% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 140.63% and total cumulative return in cash reaches $86,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,633/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62822, Christopher, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,438 (100%) |
| Owner Occupied HU | 889 (61.8%) |
| Renter Occupied HU | 346 (24.1%) |
| Vacant Housing Units | 203 (14.1%) |
| Median Home Value | $92,347 |
| Average Home Value | $125,155 |
Housing Distribution
Address Breakdown
Residential
1,271
Single Family
1,271
Multi-Family
0
Businesses
79
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Listed by: Kimberly A Desett • Heavenly Homes Real Estate
Mls Name: RMLS Alliance
Mls ID: #EB459306