117 Marshall PlCarmiIL62821
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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
Rental property for sale in Carmi at 117 Marshall Pl, Carmi, IL, 62821 priced at $145,900 pairs $1,171/mo rent with $159/mo cash flow after a $714/mo payment. Total monthly income equals $1,171/mo, and annual cash flow comes to $1,909/yr on $48,366 invested. Return on cash invested is 23.86% in year one, and rental yield stands at 9.63% on a $145,900 basis. Equity gained on principal adds $941/yr, and 5% annual appreciation accumulates to $40,309 by year five. Five-year ROI measures 125.08% and total cumulative return in cash reaches $60,495. For financing, Ziffy Mortgage’s DSCR program evaluates $1,171/mo property income against a $714/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62821, Carmi, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,267 (63.2%) |
| Renter Occupied HU | 796 (22.2%) |
| Vacant Housing Units | 522 (14.6%) |
| Median Home Value | $128,652 |
| Average Home Value | $178,788 |
Housing Distribution
Address Breakdown
Residential
3,209
Single Family
3,060
Multi-Family
149
Businesses
360
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