707 N Church StThomasboroIL61878
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 Thomasboro at 707 N Church St, Thomasboro, IL, 61878 at $185,000 posts ROI 21.54% with $83/mo cash flow from $1,366/mo rent. Total monthly income equals $1,366/mo, and annual cash flow records $999/yr on $61,328 to close. Return on cash invested measures 21.54% and rental yield reads 8.86% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 112.63% and total cumulative return in cash totals $69,075.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,366/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61878, Thomasboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 657 (100%) |
| Owner Occupied HU | 412 (62.7%) |
| Renter Occupied HU | 178 (27.1%) |
| Vacant Housing Units | 67 (10.2%) |
| Median Home Value | $131,061 |
| Average Home Value | $191,468 |
Housing Distribution
Address Breakdown
Residential
491
Single Family
491
Multi-Family
0
Businesses
30
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Nearby investment properties with comparable prices
Listed by: Ryan Dallas • RYAN DALLAS REAL ESTATE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532114