109 Highlander Dr #2CarbondaleIL62903
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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 Carbondale at 109 Highlander Dr #2, Carbondale, IL, 62903 offers a 7.78% rental yield on a $125,000 purchase with $810/mo rent. 25% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 94.94% and total cumulative return in cash at $39,341. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62903, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 586 (43.5%) |
| Renter Occupied HU | 479 (35.5%) |
| Vacant Housing Units | 283 (21.0%) |
| Median Home Value | $171,078 |
| Average Home Value | $196,075 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,071
Multi-Family
277
Businesses
191
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Listed by: JAMES STEINBACH • FIVE STAR REALTY
Mls Name: RMLS Alliance
Mls ID: #EB459153