1529 Spruce 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 1529 Spruce St, Murphysboro, IL, 62966 priced at $375,000 pairs $1,289/mo rent with after a $1,835/mo payment. Total monthly income equals $1,289/mo. Return on cash invested is 6.83% in year one, and rental yield stands at 4.12% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 33.87% and total cumulative return in cash reaches $42,099. For financing, Ziffy Mortgage’s DSCR program evaluates $1,289/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1973
5,984 sqft 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: Tamara Walker • Landmark Realty Group Mboro
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455438
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.