517 E 2nd South StCarlinvilleIL62626
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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 Carlinville at 517 E 2nd South St, Carlinville, IL, 62626 listed at $125,000 pairs $976/mo rent with a $612/mo payment to leave $109/mo cash flow. Total monthly income runs $976/mo, and annual cash flow reaches $1,305/yr on $41,438 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 9.37% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 120.74% and total cumulative return in cash totals $50,033. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $976/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62626, Carlinville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,593 (100%) |
| Owner Occupied HU | 2,272 (63.2%) |
| Renter Occupied HU | 969 (27.0%) |
| Vacant Housing Units | 352 ( 9.8%) |
| Median Home Value | $137,815 |
| Average Home Value | $176,401 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,164
Multi-Family
153
Businesses
372
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Listed by: Brenda S Allen • Firm Foundations Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033097
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