2084 Mallard LnCarbondaleIL62902
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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 Carbondale at 2084 Mallard Ln, Carbondale, IL, 62902 listed at $233,000 pairs $1,020/mo rent with a $1,140/mo payment. Total monthly income runs $1,020/mo. Return on cash invested measures 10.65% in year one, and rental yield registers 5.25% at a $233,000 basis. Equity gained on principal adds $1,504/yr, and annual property appreciation at 5% supports $64,374 by year five. Five-year ROI tracks 54.24% and total cumulative return in cash totals $41,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $1,140/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62902, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,265 (100%) |
| Owner Occupied HU | 1,316 (58.1%) |
| Renter Occupied HU | 679 (30.0%) |
| Vacant Housing Units | 270 (11.9%) |
| Median Home Value | $244,915 |
| Average Home Value | $254,922 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
1,948
Multi-Family
173
Businesses
275
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Listed by: MARY JO GILMORE • C21 HOUSE OF REALTY, INC. L
Mls Name: RMLS Alliance
Mls ID: #EB459763