1015 Tanglewood DrCharlestonIL61920
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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 Charleston at 1015 Tanglewood Dr, Charleston, IL, 61920 offers a 8.67% rental yield on a $264,900 purchase with $1,915/mo rent. Total monthly income registers $1,915/mo, and a $1,297/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $926/yr on $87,814 to close, and return on cash invested stands at 20.96% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 109.52% and total cumulative return in cash at $96,176. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,915/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
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