2372 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 2372 Logan St, Murphysboro, IL, 62966 with 5% annual appreciation on a $409,900 basis while $2,843/mo rent supports operations. Total monthly income totals $2,843/mo and a $2,006/mo payment preserves $0/mo for cash returns. Annual cash flow comes to $1/yr on $135,882 deployed, and return on cash invested reaches 19.91% in year one. Equity gained on principal adds $2,645/yr, and five-year appreciation sums $113,248 alongside rental yield of 8.32%. Five-year ROI measures 103.85% and total cumulative return in cash totals $141,112.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,843/mo property income versus a $2,006/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
4.85 Acres 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: Cynthia Canning • C21 HOUSE OF REALTY, INC. CD
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460420