2027 1st StE CarondeletIL62240
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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 E Carondelet at 2027 1st St, E Carondelet, IL, 62240 listed at $135,000 pairs $1,080/mo rent with a $661/mo payment to leave $143/mo cash flow. Total monthly income runs $1,080/mo, and annual cash flow reaches $1,720/yr on $44,753 cash to close. Return on cash invested measures 23.75% in year one, and rental yield registers 9.6% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 124.5% and total cumulative return in cash totals $55,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62240, East Carondelet, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 537 (74.7%) |
| Renter Occupied HU | 108 (15.0%) |
| Vacant Housing Units | 74 (10.3%) |
| Median Home Value | $87,763 |
| Average Home Value | $161,453 |
Housing Distribution
Address Breakdown
Residential
634
Single Family
634
Multi-Family
0
Businesses
20
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Listed by: Edward Starr • Keller Williams Pinnacle
Mls Name: MARIS
Mls ID: #25053387