409 Carroll StPawneeIL62558
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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
Rental property for sale in Pawnee at 409 Carroll St, Pawnee, IL, 62558 priced at $159,000 converts $1,075/mo rent into after a $778/mo obligation. Total monthly income equals $1,075/mo. Return on cash invested prints 19.28% in year one, and rental yield reads 8.11% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 100.54% and total cumulative return in cash sums $52,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,075/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62558, Pawnee, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,585 (100%) |
| Owner Occupied HU | 1,193 (75.3%) |
| Renter Occupied HU | 255 (16.1%) |
| Vacant Housing Units | 137 ( 8.6%) |
| Median Home Value | $197,624 |
| Average Home Value | $210,166 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,185
Multi-Family
30
Businesses
64
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