1626 Sunset DrCarmiIL62821
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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 Carmi at 1626 Sunset Dr, Carmi, IL, 62821 uses $39,449 cash to close to unlock $1,080/yr annual cash flow and $90/mo monthly cash flow. Total monthly income runs $915/mo, and a $582/mo payment keeps the spread at $90/mo. Purchase price stands at $119,000, and rental yield measures 9.23% with $915/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 118.62% and total cumulative return in cash records $46,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $915/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62821, Carmi, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,267 (63.2%) |
| Renter Occupied HU | 796 (22.2%) |
| Vacant Housing Units | 522 (14.6%) |
| Median Home Value | $128,652 |
| Average Home Value | $178,788 |
Housing Distribution
Address Breakdown
Residential
3,209
Single Family
3,060
Multi-Family
149
Businesses
360
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