1945 W Lake RdMurphysboroIL62966
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
Investment property for sale in Murphysboro at 1945 W Lake Rd, Murphysboro, IL, 62966 at $114,000 posts ROI 31.83% with $375/mo cash flow from $1,344/mo rent. Total monthly income equals $1,344/mo, and annual cash flow records $4,505/yr on $37,791 to close. Return on cash invested measures 31.83% and rental yield reads 14.15% at the current $114,000. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 by year five. Five-year ROI prints 169.87% and total cumulative return in cash totals $64,195.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,344/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1995
0.53 Acres 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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Nearby investment properties with comparable prices
Listed by: Stephen Timpe • FIVE STAR REALTY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457918
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 23:02:58 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#564)