Trigg Tower RdSimpsonIL62985
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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
Rental property for sale in Simpson at Trigg Tower Rd, Simpson, IL, 62985 priced at $143,000 pairs $1,333/mo rent with $341/mo cash flow after a $700/mo payment. Total monthly income equals $1,333/mo, and annual cash flow comes to $4,092/yr on $47,405 invested. Return on cash invested is 28.54% in year one, and rental yield stands at 11.19% on a $143,000 basis. Equity gained on principal adds $923/yr, and 5% annual appreciation accumulates to $39,508 by year five. Five-year ROI measures 150.25% and total cumulative return in cash reaches $71,224. For financing, Ziffy Mortgage’s DSCR program evaluates $1,333/mo property income against a $700/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62985, Simpson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 507 (100%) |
| Owner Occupied HU | 339 (66.9%) |
| Renter Occupied HU | 27 ( 5.3%) |
| Vacant Housing Units | 141 (27.8%) |
| Median Home Value | $188,125 |
| Average Home Value | $247,183 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
7
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