411 E Hester StCarbondaleIL62901
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
Investment Highlights
Investment property for sale in Carbondale at 411 E Hester St, Carbondale, IL, 62901 offers a 3.3% rental yield on a $425,000 purchase with $1,170/mo rent. 77% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 22.64% and total cumulative return in cash at $31,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,170/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62901, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 3,387 (26.1%) |
| Renter Occupied HU | 6,973 (53.7%) |
| Vacant Housing Units | 2,618 (20.2%) |
| Median Home Value | $151,897 |
| Average Home Value | $195,223 |
Housing Distribution
Address Breakdown
Residential
11,383
Single Family
8,966
Multi-Family
2,417
Businesses
777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel J Harshbarger • KELLER WILLIAMS PINNACLE
Mls Name: RMLS Alliance
Mls ID: #EB460491