701 E Campus DrCarbondaleIL62901
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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
Rental property for sale in Carbondale at 701 E Campus Dr, Carbondale, IL, 62901 offers $1,348/mo rent that, after a $844/mo payment, leaves $152/mo cash flow. Total monthly income is $1,348/mo, and annual cash flow is $1,822/yr on $57,184 cash. Return on cash invested measures 23.09% in year one, and rental yield stands at 9.38% at a $172,500 entry. Equity gained on principal adds $1,113/yr while 5% annual appreciation compounds into $47,659 by year five. Five-year ROI records 120.92% and total cumulative return in cash reaches $69,146. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,348/mo property income versus a $844/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2016
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62901, Carbondale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,978 (100%) |
| Owner Occupied HU | 3,387 (26.1%) |
| Renter Occupied HU | 6,973 (53.7%) |
| Vacant Housing Units | 2,618 (20.2%) |
| Median Home Value | $151,897 |
| Average Home Value | $195,223 |
Housing Distribution
Address Breakdown
Residential
11,383
Single Family
8,966
Multi-Family
2,417
Businesses
777
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Listed by: Justin Zurlinden • Landmark Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #EB459237