490 Wells StMurphysboroIL62966
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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 Murphysboro at 490 Wells St, Murphysboro, IL, 62966 earns $44/mo cash flow from $967/mo rent with a $651/mo payment. Total monthly income totals $967/mo, and annual cash flow totals $533/yr on $44,090 capital. ROI tracks 21.12% on current figures, and rental yield reads 8.72% at a $133,000 purchase. Equity gained on principal adds $858/yr, and 5% annual appreciation supports $36,745 over five years. Five-year ROI reaches 110.39% and total cumulative return in cash sums $48,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $967/mo property income instead of your personal income.
Single Family
Built in 1920
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62966, Murphysboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,343 (100%) |
| Owner Occupied HU | 4,211 (57.3%) |
| Renter Occupied HU | 1,983 (27.0%) |
| Vacant Housing Units | 1,149 (15.6%) |
| Median Home Value | $124,798 |
| Average Home Value | $162,091 |
Housing Distribution
Address Breakdown
Residential
6,477
Single Family
6,245
Multi-Family
232
Businesses
487
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Listed by: Teresa L Camarato • PROPERTY WITH TLC, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455983
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.