567 Union Grove RdCarbondaleIL62903
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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
Rental property for sale in Carbondale at 567 Union Grove Rd, Carbondale, IL, 62903 generates $2,273/mo in rent and, after a $1,317/mo payment, leaves $407/mo in cash flow. Total monthly income is $2,273/mo, and annual cash flow is $4,881/yr on $89,174 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 10.14% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 133.18% and total cumulative return in cash sums $118,763. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62903, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 586 (43.5%) |
| Renter Occupied HU | 479 (35.5%) |
| Vacant Housing Units | 283 (21.0%) |
| Median Home Value | $171,078 |
| Average Home Value | $196,075 |
Housing Distribution
Address Breakdown
Residential
1,348
Single Family
1,071
Multi-Family
277
Businesses
191
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Listed by: BRENDA STRADDECK • C21 HOUSE OF REALTY, INC. CD
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB460605