38 Katie Lynn CtGlen CarbonIL62034
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 38 Katie Lynn Ct, Glen Carbon, IL, 62034 in Glen Carbon earns a 9.68% gross yield at $423,900. Rent of $3,419/mo nets $479/mo after the $1,906/mo mortgage. The 1.79 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $117,116 and $3,904/yr in equity accumulation project a total cumulative return of $192,958.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.4% |
| Monthly Cash Flow | $479 | $250 |
City averages based on Glen Carbon market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,419 |
| Total Monthly Debt Service | $2,772 |
| DSCR Ratio | 1.23x |
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 1992
7,801 sqft lot
$N/A/sqft
No HOA
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 1992
7,801 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brittany Jacoby • Tarrant and Harman Real Estate and Auction Co
Mls Name: MARIS
Mls ID: #25076883