205 N Pecan StDe SotoIL62924
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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 De Soto at 205 N Pecan St, De Soto, IL, 62924 priced at $128,000 converts $983/mo rent into $96/mo cash flow after a $627/mo obligation. Total monthly income equals $983/mo, and annual cash flow totals $1,148/yr on $42,432 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 9.22% against a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation compiles into $35,364 by year five. Five-year ROI reaches 118.35% and total cumulative return in cash sums $50,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $983/mo property income covering a $627/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62924, De Soto, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 800 (58.8%) |
| Renter Occupied HU | 397 (29.2%) |
| Vacant Housing Units | 164 (12.0%) |
| Median Home Value | $115,099 |
| Average Home Value | $154,128 |
Housing Distribution
Address Breakdown
Residential
1,151
Single Family
1,151
Multi-Family
0
Businesses
42
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Listed by: Nikki Rishel • Southern Illinois Realty Experts Carbondale
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263204
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.