2240 Brown RdCarlockIL61725
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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
Total monthly income runs $3,439/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 7.13% with $3,439/mo rent. Return on cash invested shows 16.42% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 85.1% and total cumulative return in cash records $162,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,439/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Single Family
Built in 1972
5.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61725, Carlock, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 600 (83.9%) |
| Renter Occupied HU | 63 ( 8.8%) |
| Vacant Housing Units | 52 ( 7.3%) |
| Median Home Value | $337,615 |
| Average Home Value | $343,650 |
Housing Distribution
Address Breakdown
Residential
554
Single Family
554
Multi-Family
0
Businesses
36
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Listed by: Laureen M Johnson • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254883
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.