716 N Chiles StCarlinvilleIL62626
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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 Carlinville at 716 N Chiles St, Carlinville, IL, 62626 listed at $120,300 pairs $1,167/mo rent with a $589/mo payment to leave $332/mo cash flow. Total monthly income runs $1,167/mo, and annual cash flow reaches $3,989/yr on $39,879 cash to close. Return on cash invested measures 29.91% in year one, and rental yield registers 11.64% at a $120,300 basis. Equity gained on principal adds $776/yr, and annual property appreciation at 5% supports $33,237 by year five. Five-year ROI tracks 157.54% and total cumulative return in cash totals $62,825. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,167/mo property income relative to a $589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62626, Carlinville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,593 (100%) |
| Owner Occupied HU | 2,272 (63.2%) |
| Renter Occupied HU | 969 (27.0%) |
| Vacant Housing Units | 352 ( 9.8%) |
| Median Home Value | $137,815 |
| Average Home Value | $176,401 |
Housing Distribution
Address Breakdown
Residential
3,317
Single Family
3,164
Multi-Family
153
Businesses
372
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Listed by: N/A • N/A
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