16808 10th StCarbon CliffIL61239
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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 Carbon Cliff at 16808 10th St, Carbon Cliff, IL, 61239 offers a 0% rental yield on a $120,900 purchase with $0/mo rent. 21% in year one. Equity gained on principal adds $780/yr while 5% annual appreciation supports $33,402 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $592/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61239, Carbon Cliff, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 284 (100%) |
| Owner Occupied HU | 149 (52.5%) |
| Renter Occupied HU | 87 (30.6%) |
| Vacant Housing Units | 48 (16.9%) |
| Median Home Value | $162,500 |
| Average Home Value | $206,426 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
211
Multi-Family
117
Businesses
24
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No similar rental properties found nearby.
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Listed by: N/A • N/A
Mls Name: MEL FOSTER CO.
Mls Provider:
Mls ID: #QC4264263