207 Kennedy RdCarbondaleIL62903
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 207 Kennedy Rd, Carbondale, IL, 62903 in Carbondale fits: $487,000, 2% gross yield, and a projected 5% annual appreciation rate adding $134,549 in value within five years. Rental yield 2%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.37) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $4,485/yr in principal paydown and $134,549 in appreciation project a total return of $20,994.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 8.0% |
| Monthly Cash Flow | $(2,568) | $400 |
City averages based on Carbondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $810 |
| Total Monthly Debt Service | $3,184 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62903, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 586 (43.5%) |
| Renter Occupied HU | 479 (35.5%) |
| Vacant Housing Units | 283 (21.0%) |
| Median Home Value | $171,078 |
| Average Home Value | $196,075 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,071
Multi-Family
277
Businesses
191
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
Single Family
Built in 1978
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62903, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 586 (43.5%) |
| Renter Occupied HU | 479 (35.5%) |
| Vacant Housing Units | 283 (21.0%) |
| Median Home Value | $171,078 |
| Average Home Value | $196,075 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,071
Multi-Family
277
Businesses
191
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12607660