1408 Manning StMurphysboroIL62966
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1408 Manning St, Murphysboro, IL, 62966 in Murphysboro is a solid income-producing rental, 10.07% gross yield, $1,670/mo rent, $290/mo net cash flow on a $199,000 buy. DSCR 1.87 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $54,980 and $1,833/yr in principal reduction project a total cumulative return of $94,746.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $290 | $300 |
City averages based on Murphysboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,670 |
| Total Monthly Debt Service | $1,301 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62966, Murphysboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,343 (100%) |
| Owner Occupied HU | 4,211 (57.3%) |
| Renter Occupied HU | 1,983 (27.0%) |
| Vacant Housing Units | 1,149 (15.6%) |
| Median Home Value | $124,798 |
| Average Home Value | $162,091 |
Housing Distribution
Address Breakdown
Residential
6,477
Single Family
6,245
Multi-Family
232
Businesses
487
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
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62966, Murphysboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,343 (100%) |
| Owner Occupied HU | 4,211 (57.3%) |
| Renter Occupied HU | 1,983 (27.0%) |
| Vacant Housing Units | 1,149 (15.6%) |
| Median Home Value | $124,798 |
| Average Home Value | $162,091 |
Housing Distribution
Address Breakdown
Residential
6,477
Single Family
6,245
Multi-Family
232
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori-Anna Walker • PAUL WILSON REALTY
Mls Name: MRED as distributed by MLS GRID
Mls ID: #100000285