120 N 4th StCarrolltonIL62016
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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 Carrollton at 120 N 4th St, Carrollton, IL, 62016 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.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62016, Carrollton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 1,031 (67.3%) |
| Renter Occupied HU | 337 (22.0%) |
| Vacant Housing Units | 164 (10.7%) |
| Median Home Value | $121,101 |
| Average Home Value | $165,301 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,620
Multi-Family
16
Businesses
119
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Listed by: Todd Steinacher • Premiere Realty & Auction
Mls Name: My State MLS
Mls ID: #11603546