501 E Broad StJonesboroIL62952
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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 Jonesboro at 501 E Broad St, Jonesboro, IL, 62952 offers a 11.46% rental yield on a $129,000 purchase with $1,232/mo rent. Total monthly income registers $1,232/mo, and a $631/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,051/yr on $42,764 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 154.68% and total cumulative return in cash at $66,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,232/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1872
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62952, Jonesboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,513 (100%) |
| Owner Occupied HU | 1,068 (70.6%) |
| Renter Occupied HU | 258 (17.1%) |
| Vacant Housing Units | 187 (12.4%) |
| Median Home Value | $155,978 |
| Average Home Value | $192,235 |
Housing Distribution
Address Breakdown
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
79
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Listed by: Lisa Tomazzoli • House 2 Home Realty Carterville
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262702
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.