939 S Lake DrDu QuoinIL62832
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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 Du Quoin at 939 S Lake Dr, Du Quoin, IL, 62832 uses $49,692 cash to close to unlock $3,587/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,339/mo, and a $734/mo payment keeps the spread at $299/mo. Purchase price stands at $149,900, and rental yield measures 10.72% with $1,339/mo rent. Return on cash invested shows 27.13% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 142.55% and total cumulative return in cash records $70,835. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,339/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62832, Du Quoin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,382 (100%) |
| Owner Occupied HU | 2,787 (63.6%) |
| Renter Occupied HU | 938 (21.4%) |
| Vacant Housing Units | 657 (15.0%) |
| Median Home Value | $115,961 |
| Average Home Value | $151,662 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,799
Multi-Family
87
Businesses
326
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