2101 Walnut StMurphysboroIL62966
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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 Murphysboro at 2101 Walnut St, Murphysboro, IL, 62966 generates $1,504/mo in rent, after a $1,072/mo payment. Total monthly income is $1,504/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 8.24% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 102.49% and total cumulative return in cash sums $74,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,504/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62966, Murphysboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,343 (100%) |
| Owner Occupied HU | 4,211 (57.3%) |
| Renter Occupied HU | 1,983 (27.0%) |
| Vacant Housing Units | 1,149 (15.6%) |
| Median Home Value | $124,798 |
| Average Home Value | $162,091 |
Housing Distribution
Address Breakdown
Residential
6,477
Single Family
6,245
Multi-Family
232
Businesses
487
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Listed by: Robert Davenport • RE/MAX REALTY CENTRAL
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460039