301 Walker 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 301 Walker St, Carmi, IL, 62821 earns $96/mo cash flow from $1,178/mo rent with a $764/mo payment. Total monthly income totals $1,178/mo, and annual cash flow totals $1,146/yr on $51,714 capital. ROI tracks 22.13% on current figures, and rental yield reads 9.06% at a $156,000 purchase. Equity gained on principal adds $1,007/yr, and 5% annual appreciation supports $43,100 over five years. Five-year ROI reaches 115.76% and total cumulative return in cash sums $59,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,178/mo property income instead of your personal income.
Single Family
Built in 1952
7,500 sqft 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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Listed by: Amber Ackerman • The Property Shop Real Estate Group LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455027
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.