615 E Blue AveCreal SpringsIL62922
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 615 E Blue Ave, Creal Springs, IL, 62922 in Creal Springs is priced for capital growth, not immediate cash flow. The $150,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $41,442 by year five, with $1,382/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $1,500 |
City averages based on Creal Springs market data in our database. Property projections are estimates.
Single Family
Built in 1995
5.01 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
No similar rental properties found nearby.
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
Single Family
Built in 1995
5.01 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
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kaitlynn Morgan • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls ID: #QC4265369