2571 S Illinois AveCarbondaleIL62903
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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 Carbondale at 2571 S Illinois Ave, Carbondale, IL, 62903 earns $118/mo cash flow from $950/mo rent with a $587/mo payment. Total monthly income totals $950/mo, and annual cash flow totals $1,416/yr on $39,780 capital. ROI tracks 23.47% on current figures, and rental yield reads 9.5% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 122.88% and total cumulative return in cash sums $48,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $950/mo property income instead of your personal income.
Single Family
Built in 1923
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62903, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 586 (43.5%) |
| Renter Occupied HU | 479 (35.5%) |
| Vacant Housing Units | 283 (21.0%) |
| Median Home Value | $171,078 |
| Average Home Value | $196,075 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,071
Multi-Family
277
Businesses
191
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Listed by: Alysa Bunting • Indigo Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460508