117 Jeremy DrCartervilleIL62918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Carterville at 117 Jeremy Dr, Carterville, IL, 62918 offers $2,737/mo rent that, after a $1,713/mo payment, leaves $310/mo cash flow. Total monthly income is $2,737/mo, and annual cash flow is $3,715/yr on $115,992 cash. Return on cash invested measures 23.11% in year one, and rental yield stands at 9.39% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 121.02% and total cumulative return in cash reaches $140,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,737/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62918, Carterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,419 (60.6%) |
| Renter Occupied HU | 1,625 (28.8%) |
| Vacant Housing Units | 595 (10.6%) |
| Median Home Value | $198,214 |
| Average Home Value | $228,587 |
Housing Distribution
Address Breakdown
Residential
4,711
Single Family
4,687
Multi-Family
24
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misael Chacon • Beycome brokerage realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #QC4267009