181 S Main StGlen CarbonIL62034
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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 Glen Carbon at 181 S Main St, Glen Carbon, IL, 62034 offers $1,967/mo rent that, after a $604/mo payment, leaves $1,111/mo cash flow. Total monthly income is $1,967/mo, and annual cash flow is $13,333/yr on $40,904 cash. Return on cash invested measures 52.5% in year one, and rental yield stands at 19.13% at a $123,390 entry. Equity gained on principal adds $796/yr while 5% annual appreciation compounds into $34,090 by year five. Five-year ROI records 278.74% and total cumulative return in cash reaches $114,015. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,967/mo property income versus a $604/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Angie M Daniels • RE/MAX Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #25028754
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