336 Miller StCarrier MillsIL62917
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 336 Miller St, Carrier Mills, IL, 62917 in Carrier Mills is narrow, $68/mo net on $848/mo rent after the $506/mo debt service, but the property operates at break-even-plus, not a loss. At $112,500 with a 9.05% yield, the long-run equity case via 5% appreciation ($31,082 over five years) and $1,036/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $47,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.0% |
| Monthly Cash Flow | $68 | $400 |
City averages based on Carrier Mills market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $848 |
| Total Monthly Debt Service | $736 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62917, Carrier Mills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 845 (70.7%) |
| Renter Occupied HU | 196 (16.4%) |
| Vacant Housing Units | 154 (12.9%) |
| Median Home Value | $85,547 |
| Average Home Value | $130,586 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1972
7,650 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62917, Carrier Mills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,195 (100%) |
| Owner Occupied HU | 845 (70.7%) |
| Renter Occupied HU | 196 (16.4%) |
| Vacant Housing Units | 154 (12.9%) |
| Median Home Value | $85,547 |
| Average Home Value | $130,586 |
Housing Distribution
Address Breakdown
Residential
816
Single Family
816
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS Alliance
Mls ID: #PA1264394