Trigg Tower RdSimpsonIL62985
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTrigg Tower Rd, Simpson, IL, 62985 in Simpson is a solid income-producing rental, 11.19% gross yield, $1,333/mo rent, $341/mo net cash flow on a $143,000 buy. DSCR 2.07 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $39,508 and $1,317/yr in principal reduction project a total cumulative return of $76,705.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.0% |
| Monthly Cash Flow | $341 | $1,500 |
City averages based on Simpson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,333 |
| Total Monthly Debt Service | $935 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices