606 S Carbon StMarionIL62959
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marion at 606 S Carbon St, Marion, IL, 62959 at $109,000 posts ROI 22.55% with $79/mo cash flow from $836/mo rent. Total monthly income equals $836/mo, and annual cash flow records $953/yr on $36,134 to close. Return on cash invested measures 22.55% and rental yield reads 9.2% at the current $109,000. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 by year five. Five-year ROI prints 118.06% and total cumulative return in cash totals $42,658.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $836/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
8,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62959, Marion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,389 (100%) |
| Owner Occupied HU | 7,893 (59.0%) |
| Renter Occupied HU | 3,743 (28.0%) |
| Vacant Housing Units | 1,753 (13.1%) |
| Median Home Value | $204,838 |
| Average Home Value | $249,602 |
Housing Distribution
Address Breakdown
Residential
12,303
Single Family
11,733
Multi-Family
570
Businesses
1,347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices