402 N Carlysle AveAbingdonIL61410
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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 Abingdon at 402 N Carlysle Ave, Abingdon, IL, 61410 with 5% annual appreciation on a $117,000 basis while $2,528/mo rent supports operations. Total monthly income totals $2,528/mo and a $573/mo payment preserves $1,716/mo for cash returns. Annual cash flow comes to $20,593/yr on $38,786 deployed, and return on cash invested reaches 73% in year one. Equity gained on principal adds $755/yr, and five-year appreciation sums $32,325 alongside rental yield of 25.93%. Five-year ROI measures 388.66% and total cumulative return in cash totals $150,745.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,528/mo property income versus a $573/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1908
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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Listed by: Jennifer Evans • Mel Foster Co. Galesburg
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1031693
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.