720 West StTammsIL62988
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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 Tamms at 720 West St, Tamms, IL, 62988 earns $259/mo cash flow from $1,542/mo rent with a $905/mo payment. Total monthly income totals $1,542/mo, and annual cash flow totals $3,111/yr on $61,328 capital. ROI tracks 24.98% on current figures, and rental yield reads 10% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 131.08% and total cumulative return in cash sums $80,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,542/mo property income instead of your personal income.
Manufactured
Built in 2024
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62988, Tamms, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 685 (100%) |
| Owner Occupied HU | 492 (71.8%) |
| Renter Occupied HU | 79 (11.5%) |
| Vacant Housing Units | 114 (16.6%) |
| Median Home Value | $117,553 |
| Average Home Value | $134,949 |
Housing Distribution
Address Breakdown
Residential
467
Single Family
467
Multi-Family
0
Businesses
25
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Listed by: KAREN L JONES • MARK TWAIN REAL ESTATE SERVICES INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457179
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.