822 N 24th StMurphysboroIL62966
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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 Murphysboro at 822 N 24th St, Murphysboro, IL, 62966 uses $67,958 cash to close to unlock $1,661/yr annual cash flow and $138/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $1,003/mo payment keeps the spread at $138/mo. Purchase price stands at $205,000, and rental yield measures 9.13% with $1,560/mo rent. Return on cash invested shows 22.35% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 116.98% and total cumulative return in cash records $79,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62966, Murphysboro, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,343 (100%) |
| Owner Occupied HU | 4,211 (57.3%) |
| Renter Occupied HU | 1,983 (27.0%) |
| Vacant Housing Units | 1,149 (15.6%) |
| Median Home Value | $124,798 |
| Average Home Value | $162,091 |
Housing Distribution
Address Breakdown
Residential
6,477
Single Family
6,245
Multi-Family
232
Businesses
487
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Listed by: Kathy C Riggio • C21 HOUSE OF REALTY, INC. CD
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458553
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.