201 S Carson StLong PtIL61333
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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 Long Pt at 201 S Carson St, Long Pt, IL, 61333 uses $47,570 cash to close to unlock $4,740/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $702/mo payment keeps the spread at $395/mo. Purchase price stands at $143,500, and rental yield measures 11.62% with $1,390/mo rent. Return on cash invested shows 29.87% in year one, and 5% annual appreciation builds toward $39,646 over five years. Five-year ROI reaches 157.37% and total cumulative return in cash records $74,861. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $702/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61333, Long Point, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 167 (100%) |
| Owner Occupied HU | 125 (74.9%) |
| Renter Occupied HU | 24 (14.4%) |
| Vacant Housing Units | 18 (10.8%) |
| Median Home Value | $169,500 |
| Average Home Value | $176,660 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
8
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