66 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
Total monthly income runs $980/mo, and a $1,366/mo payment. Purchase price stands at $279,000, and rental yield measures 4.22% with $980/mo rent. Return on cash invested shows 7.29% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 36.27% and total cumulative return in cash records $33,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $980/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1971
N/A lot
$N/A/sqft
$200 annually 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: Robert A Davenport • RE/MAX Realty Central
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457707
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