733 County Road 1350 NCarmiIL62821
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Carmi at 733 County Road 1350 N, Carmi, IL, 62821 offers a 8.04% rental yield on a $888,000 purchase with $5,953/mo rent. 21% in year one. Equity gained on principal adds $5,730/yr while 5% annual appreciation supports $245,338 over five years. Portfolio math shows five-year ROI at 100.06% and total cumulative return in cash at $292,320. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,953/mo property income against a $4,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
18.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62821, Carmi, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,585 (100%) |
| Owner Occupied HU | 2,267 (63.2%) |
| Renter Occupied HU | 796 (22.2%) |
| Vacant Housing Units | 522 (14.6%) |
| Median Home Value | $128,652 |
| Average Home Value | $178,788 |
Housing Distribution
Address Breakdown
Residential
3,209
Single Family
3,060
Multi-Family
149
Businesses
360
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices