69/94 High Ridge RdCarbondaleIL62902
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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 Carbondale at 69/94 High Ridge Rd, Carbondale, IL, 62902 earns from $1,020/mo rent with a $879/mo payment. Total monthly income totals $1,020/mo. ROI tracks 15.36% on current figures, and rental yield reads 6.82% at a $179,500 purchase. Equity gained on principal adds $1,158/yr, and 5% annual appreciation supports $49,593 over five years. Five-year ROI reaches 79.48% and total cumulative return in cash sums $47,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,020/mo property income instead of your personal income.
Single Family
Built in 2000
18.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62902, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,265 (100%) |
| Owner Occupied HU | 1,316 (58.1%) |
| Renter Occupied HU | 679 (30.0%) |
| Vacant Housing Units | 270 (11.9%) |
| Median Home Value | $244,915 |
| Average Home Value | $254,922 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
1,948
Multi-Family
173
Businesses
275
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Listed by: Meghan Aloffo • Infinity Realty of Southern IL
Mls Name: RMLS Alliance
Mls ID: #EB459635