15247 Laminack Rd TRACT 2CartervilleIL62918
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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
Total monthly income runs $2,286/mo, and a $3,377/mo payment. Purchase price stands at $690,000, and rental yield measures 3.98% with $2,286/mo rent. Return on cash invested shows 6.85% in year one, and 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 33.76% and total cumulative return in cash records $76,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,286/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in 2005
45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62918, Carterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,419 (60.6%) |
| Renter Occupied HU | 1,625 (28.8%) |
| Vacant Housing Units | 595 (10.6%) |
| Median Home Value | $198,214 |
| Average Home Value | $228,587 |
Housing Distribution
Address Breakdown
Residential
4,711
Single Family
4,687
Multi-Family
24
Businesses
290
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Listed by: Justin Bruehl • Living The Dream Inc.
Mls Name: MARIS
Mls ID: #23073603