53 Tippy RdMurphysboroIL62966
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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 53 Tippy Rd, Murphysboro, IL, 62966 listed at $195,000 pairs $1,361/mo rent with a $954/mo payment to leave $9/mo cash flow. Total monthly income runs $1,361/mo, and annual cash flow reaches $106/yr on $64,643 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 8.38% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 104.71% and total cumulative return in cash totals $67,690. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,361/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.54 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: Robert A Davenport • RE/MAX Realty Central
Mls Name: RMLS Alliance
Mls ID: #EB458923