2129 Logan 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
Investment property for sale in Murphysboro at 2129 Logan St, Murphysboro, IL, 62966 offers a 9.53% rental yield on a $104,000 purchase with $826/mo rent. Total monthly income registers $826/mo, and a $509/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,256/yr on $34,476 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $671/yr while 5% annual appreciation supports $28,733 over five years. Portfolio math shows five-year ROI at 123.42% and total cumulative return in cash at $42,552. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $826/mo property income against a $509/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
N/A 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: Al Lenkaitis • Four Ways Realty
Mls Name: MARIS
Mls ID: #25070323