513 W Walnut StCarbondaleIL62901
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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 Carbondale at 513 W Walnut St, Carbondale, IL, 62901 at $224,900 posts ROI 19.05% with from $1,507/mo rent. Total monthly income equals $1,507/mo. Return on cash invested measures 19.05% and rental yield reads 8.04% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 99.23% and total cumulative return in cash totals $73,981. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,507/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1895
0.27 Acres 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
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Listed by: Justin Zurlinden • Landmark Realty Group CD
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458447
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.