516 S Safford StChristopherIL62822
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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 Christopher at 516 S Safford St, Christopher, IL, 62822 uses $46,377 cash to close to unlock $1,012/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $685/mo payment keeps the spread at $84/mo. Purchase price stands at $139,900, and rental yield measures 9.05% with $1,055/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 115.62% and total cumulative return in cash records $53,619. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1981
0.96 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: Shawnna Donovan • Southern Illinois Realty Experts Herrin
Mls Name: RMLS Alliance
Mls ID: #QC4269710