1011 Fairfax Street # FL 2NDCarlyleIL62231
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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 Carlyle at 1011 Fairfax Street # FL 2ND, Carlyle, IL, 62231 listed at $250,000 pairs $1,082/mo rent with a $1,224/mo payment. Total monthly income runs $1,082/mo. Return on cash invested measures 10.46% in year one, and rental yield registers 5.19% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 53.2% and total cumulative return in cash totals $44,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,082/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62231, Carlyle, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,710 (100%) |
| Owner Occupied HU | 2,505 (67.5%) |
| Renter Occupied HU | 593 (16.0%) |
| Vacant Housing Units | 612 (16.5%) |
| Median Home Value | $184,505 |
| Average Home Value | $212,436 |
Housing Distribution
Address Breakdown
Residential
3,130
Single Family
3,085
Multi-Family
45
Businesses
249
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