109 N 12th StCharlestonIL61920
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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 109 N 12th St, Charleston, IL, 61920 uses $39,084 cash to close to unlock $2,427/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $577/mo payment keeps the spread at $202/mo. Purchase price stands at $117,900, and rental yield measures 10.38% with $1,020/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $32,574 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash records $53,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $577/mo payment rather than investor’s personal income.
Single Family
Built in 1907
5,662 sqft 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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Listed by: Debbie Warman • All-American Realty
Mls Name: CIBR
Mls ID: #6255802