822 6th StCarrolltonIL62016
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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 Carrollton at 822 6th St, Carrollton, IL, 62016 offers $1,564/mo rent that, after a $661/mo payment, leaves $627/mo cash flow. Total monthly income is $1,564/mo, and annual cash flow is $7,528/yr on $44,753 cash. Return on cash invested measures 36.73% in year one, and rental yield stands at 13.9% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 194.11% and total cumulative return in cash reaches $86,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,564/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62016, Carrollton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 1,031 (67.3%) |
| Renter Occupied HU | 337 (22.0%) |
| Vacant Housing Units | 164 (10.7%) |
| Median Home Value | $121,101 |
| Average Home Value | $165,301 |
Housing Distribution
Address Breakdown
Residential
1,636
Single Family
1,620
Multi-Family
16
Businesses
119
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Listed by: Tina McEvers • Tarrant And Harman Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #24072652
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