211 5th StCarmiIL62821
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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 Carmi at 211 5th St, Carmi, IL, 62821 listed at $102,000 pairs $768/mo rent with a $499/mo payment to leave $61/mo cash flow. Total monthly income runs $768/mo, and annual cash flow reaches $729/yr on $33,813 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 9.04% at a $102,000 basis. Equity gained on principal adds $658/yr, and annual property appreciation at 5% supports $28,181 by year five. Five-year ROI tracks 115.4% and total cumulative return in cash totals $39,020. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $768/mo property income relative to a $499/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62821, Carmi, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,267 (63.2%) |
| Renter Occupied HU | 796 (22.2%) |
| Vacant Housing Units | 522 (14.6%) |
| Median Home Value | $128,652 |
| Average Home Value | $178,788 |
Housing Distribution
Address Breakdown
Residential
3,209
Single Family
3,060
Multi-Family
149
Businesses
360
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