614 W Locust StCarrolltonIL62016
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 Carrollton at 614 W Locust St, Carrollton, IL, 62016 at $161,900 posts ROI 32.08% with $544/mo cash flow from $1,667/mo rent. Total monthly income equals $1,667/mo, and annual cash flow records $6,533/yr on $53,670 to close. Return on cash invested measures 32.08% and rental yield reads 12.36% at the current $161,900. Equity gained on principal adds $1,045/yr, and 5% annual appreciation supports $44,730 by year five. Five-year ROI prints 169.14% and total cumulative return in cash totals $90,778.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,667/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62016, Carrollton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 1,031 (67.3%) |
| Renter Occupied HU | 337 (22.0%) |
| Vacant Housing Units | 164 (10.7%) |
| Median Home Value | $121,101 |
| Average Home Value | $165,301 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,620
Multi-Family
16
Businesses
119
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Listed by: Cheri D Horn • Landmark Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #24054016
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