13 Carolyn StGlen CarbonIL62034
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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 Glen Carbon at 13 Carolyn St, Glen Carbon, IL, 62034 priced at $229,000 converts $1,639/mo rent into $50/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,639/mo, and annual cash flow totals $605/yr on $75,914 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 8.59% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 108.13% and total cumulative return in cash sums $82,085. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,639/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Pat M Schaeffer • Nester Realty
Mls Name: MARIS
Mls ID: #26001607