1870 N County Road 2000CarthageIL62321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $1,014/mo, and a $1,028/mo payment. Purchase price stands at $210,000, and rental yield measures 5.79% with $1,014/mo rent. Return on cash invested shows 12.28% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 62.94% and total cumulative return in cash records $43,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,014/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62321, Carthage, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,321 (67.7%) |
| Renter Occupied HU | 357 (18.3%) |
| Vacant Housing Units | 274 (14.0%) |
| Median Home Value | $132,910 |
| Average Home Value | $183,747 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,717
Multi-Family
25
Businesses
195
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices