product

markets

method

10006 Spring Rd, Garden Prairie, IL 61038 — $720,000 · 1bd · ~0.2% rule | OnePercent

10006 Spring Rd, Garden Prairie, IL 61038

$720,000

Home·Garden Prairie 61038·10006 Spring Rd, Garden Prairie, IL 61038

Confirmed in the last few hours

10006 Spring Rd, Garden Prairie, IL 61038

1 bd · 1 ba · 664 sqft · built 1920 · Garden Prairie · SINGLE_FAMILY·source listing ↗

$720,000

rent, three ways

OnePercent model (vv1)$1,585/mo

p10–p90 confidence band

HUD Fair Market Rent · 61038 · 1BR$1,030/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Boone

Flood risk indexRelatively Moderate FEMA NRI

Median household income$104,875

Median area rent—

Median home value$281,600

the verdict

0.22%vs 1.0% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$720,000

0.22% · rent $1,585

Intrinsic value · income approach

$202,684

255% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.