605 Timothy LnCartervilleIL62918
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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 605 Timothy Ln, Carterville, IL, 62918 at $124,500 posts ROI 22.72% with $97/mo cash flow from $960/mo rent. Total monthly income equals $960/mo, and annual cash flow records $1,162/yr on $41,272 to close. Return on cash invested measures 22.72% and rental yield reads 9.25% at the current $124,500. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 by year five. Five-year ROI prints 118.93% and total cumulative return in cash totals $49,084.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1969
0.27 Acres 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: David W Thompson • C21 House of Realty, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456764
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.