1408 Manning StMurphysboroIL62966
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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 Murphysboro at 1408 Manning St, Murphysboro, IL, 62966 priced at $199,000 pairs $1,238/mo rent with after a $974/mo payment. Total monthly income equals $1,238/mo. Return on cash invested is 17.32% in year one, and rental yield stands at 7.47% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 89.96% and total cumulative return in cash reaches $59,346. For financing, Ziffy Mortgage’s DSCR program evaluates $1,238/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
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
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Listed by: Lori-Anna Walker • PAUL WILSON REALTY
Mls Name: MRED as distributed by MLS GRID
Mls ID: #100000285