1311 Slade StCarlyleIL62231
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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 Carlyle at 1311 Slade St, Carlyle, IL, 62231 uses $46,377 cash to close to unlock $232/yr annual cash flow and $19/mo monthly cash flow. Total monthly income runs $990/mo, and a $685/mo payment keeps the spread at $19/mo. Purchase price stands at $139,900, and rental yield measures 8.49% with $990/mo rent. Return on cash invested shows 20.41% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 106.61% and total cumulative return in cash records $49,443. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62231, Carlyle, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,710 (100%) |
| Owner Occupied HU | 2,505 (67.5%) |
| Renter Occupied HU | 593 (16.0%) |
| Vacant Housing Units | 612 (16.5%) |
| Median Home Value | $184,505 |
| Average Home Value | $212,436 |
Housing Distribution
Address Breakdown
Residential
3,130
Single Family
3,085
Multi-Family
45
Businesses
249
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