504 Mulberry StCartervilleIL62918
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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 Carterville at 504 Mulberry St, Carterville, IL, 62918 earns from $960/mo rent with a $715/mo payment. Total monthly income totals $960/mo. ROI tracks 18.59% on current figures, and rental yield reads 7.89% at a $146,000 purchase. Equity gained on principal adds $942/yr, and 5% annual appreciation supports $40,337 over five years. Five-year ROI reaches 96.77% and total cumulative return in cash sums $46,834. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62918, Carterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,419 (60.6%) |
| Renter Occupied HU | 1,625 (28.8%) |
| Vacant Housing Units | 595 (10.6%) |
| Median Home Value | $198,214 |
| Average Home Value | $228,587 |
Housing Distribution
Address Breakdown
Residential
4,711
Single Family
4,687
Multi-Family
24
Businesses
290
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Listed by: Kathy C Riggio • C21 HOUSE OF REALTY, INC. CD
Mls Name: RMLS Alliance
Mls ID: #EB459617