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B- Composite 67.35
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +26.3/30.0
  • DSCR +8.9/10.0
  • ARV discount +7.5/15.0
  • Appreciation +7.1/10.0
  • 1% rule +7.0/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.4/10.0

$80,000

2961 N Rocky Comfort Rd · Makanda, IL 62958
3 bd · 2.0 ba · 863 sqft · SingleFamily · 127 Days on market
Built 1986 0.45 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

GIANT CITY SCHOOL DISTRICT! Welcome to the heart of Southern Illinois wine country, where beauty, privacy, and charm come together. This exceptional Makanda property at 2961 Rocky Comfort Road offers a unique blend of country tranquility and modern living, just minutes from Giant City State Park, Shawnee Wine Trail, and Carbondale. This unique 3 bedroom, 2 bath with a detached garage is affordable housing in the Giant City School District. Step inside to discover open-concept living spaces, warm natural finishes, and large windows that frame peaceful wooded views. Every detail has been thoughtfully designed to create a welcoming atmosphere perfect for entertaining, relaxing, or escaping. Outside, enjoy the spacious yard, perfect for gatherings, gardening, or simply soaking up the serenity of the Makanda countryside. This property is ideal as a primary residence, weekend retreat, or short-term rental investment near some of Southern Illinois’ most loved attractions. Minutes from Carbondale, Southern Illinois University, Giant City Lodge, wineries, and hiking trails This is your opportunity to experience the best of Southern Illinois living — where every sunrise feels like a getaway and every evening brings peaceful country charm. Near Devil's Kitchen and Crab orchard lakes.

Key facts

  • Large windows
  • Shawnee wine trail
  • 0.45 acre lot

Tags

GIANT CITY SCHOOL DISTRICTSOUTHERN ILLINOIS WINE COUNTRYGIANT CITY STATE PARKSHAWNEE WINE TRAILOPEN-CONCEPT LIVING SPACESLARGE WINDOWS

Property features AI

Exterior

  • Parking: Detached garage (1 garage space, 1 total parking space)
  • Utilities: Public water
  • Home design: Detached single-family home; Property age approximately 31–40 years
  • Construction: Block foundation
  • Exterior features: Deck; Porch; Pasture lot

Interior

  • Kitchen: Range; Refrigerator; Eating area with breakfast bar and table space
  • Bedrooms: Three bedrooms (all on the main level); Master bedroom on main level
  • Flooring: Laminate flooring in living room and master bedroom; Carpet in secondary bedrooms; Vinyl flooring in kitchen and laundry
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Electric forced air heating; Central air conditioning
  • Interior features: Window treatments; Crawl space basement with egress window
  • Laundry & utility: Main-level laundry; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $80k.

Deal economics

  • At list price, monthly cash flow is $206 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($960 rent vs $80k).
  • Recommended offer: $70k (12.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 63/100 on livability (#757 in IL) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, employment A-; Watch: amenities F, commute F, health & safety F.
  • Carbondale Chsd 165 (urban): math 26% / reading 35% proficiency, ranked #279 of 620 in IL (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Carbondale Comm H S (math 26% / reading 35%, grade F, #175 of 693 statewide, top 26%, 997 students, 0% FRL).
  • Market conditions: 33 active listings in the ZIP; 130 units permitted in Williamson County in 2024 (5 in 5+ unit buildings).

Forward outlook

  • In year one you build about $4k of equity ($553 loan paydown + $3k appreciation (4.3% local appreciation)).
  • At projected returns (4.3% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.
  • By year 9, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • It's been on market 127 days — a 12% lower offer ($70k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Climate carrying-cost: extreme-heat days projected 7→21/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $70,400 (12.0% below list)

Questions for the listing agent

  1. It's been on market 127 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.20%
Cap rate
9.38%
Cash-on-cash
11.02%
DSCR
1.49
GRM
6.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.27% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
20.8%
Equity multiple
2.26×
Total profit
$28,263
Equity at exit
$41,834
10-year hold
IRR
20.9%
Equity multiple
4.39×
Total profit
$75,849
Equity at exit
$69,459

Cash invested: $22,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
43 Moderately Tenant-Leaning
State Illinois
43 Moderately Tenant-Leaning · D+7
County
— inherits STATE
City
— inherits STATE
Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

ZIP-level market 62958

Home prices YoY
3.4%
Active inventory
33
Price-to-rent
6.9×

Monthly cashflow live

Estimated rent
$960 medium interval (Pro) →
Mortgage (P&I)
$420
Tax est. 1.5%
$100 /mo · $1,200/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$202
Net cashflow
$206

Break-even live

Break-even rent $700
Max offer price $80,000
Occupancy floor 74%

Sensitivity live

Price -10% $261 -5% $233 +0% $206 +5% $178 +10% $150
Rent -10% $130 -5% $168 +0% $206 +5% $244 +10% $282
Rate -1.0pp $246 -0.5pp $226 base $206 +0.5pp $185 +1.0pp $164

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$20,000
Closing costs
$2,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 8 events

  1. 2026-05-31
    days on market $80,000 Under Contract 127 DOM
  2. 2026-05-30
    days on market $80,000 Under Contract 126 DOM
  3. 2026-05-23
    status Active
  4. 2026-02-28
    historical Under Contract 1306-char remark
    Show marketing remark (1306 chars)

    GIANT CITY SCHOOL DISTRICT! Welcome to the heart of Southern Illinois wine country, where beauty, privacy, and charm come together. This exceptional Makanda property at 2961 Rocky Comfort Road offers a unique blend of country tranquility and modern living, just minutes from Giant City State Park, Shawnee Wine Trail, and Carbondale. This unique 3 bedroom, 2 bath with a detached garage is affordable housing in the Giant City School District. Step inside to discover open-concept living spaces, warm natural finishes, and large windows that frame peaceful wooded views. Every detail has been thoughtfully designed to create a welcoming atmosphere perfect for entertaining, relaxing, or escaping. Outside, enjoy the spacious yard, perfect for gatherings, gardening, or simply soaking up the serenity of the Makanda countryside. This property is ideal as a primary residence, weekend retreat, or short-term rental investment near some of Southern Illinois’ most loved attractions. Minutes from Carbondale, Southern Illinois University, Giant City Lodge, wineries, and hiking trails This is your opportunity to experience the best of Southern Illinois living — where every sunrise feels like a getaway and every evening brings peaceful country charm. Near Devil's Kitchen and Crab orchard lakes.

  5. 2026-02-01
    historical
  6. 2026-01-22
    listed $80,000 Active 1306-char remark
    Show marketing remark (1306 chars)

    GIANT CITY SCHOOL DISTRICT! Welcome to the heart of Southern Illinois wine country, where beauty, privacy, and charm come together. This exceptional Makanda property at 2961 Rocky Comfort Road offers a unique blend of country tranquility and modern living, just minutes from Giant City State Park, Shawnee Wine Trail, and Carbondale. This unique 3 bedroom, 2 bath with a detached garage is affordable housing in the Giant City School District. Step inside to discover open-concept living spaces, warm natural finishes, and large windows that frame peaceful wooded views. Every detail has been thoughtfully designed to create a welcoming atmosphere perfect for entertaining, relaxing, or escaping. Outside, enjoy the spacious yard, perfect for gatherings, gardening, or simply soaking up the serenity of the Makanda countryside. This property is ideal as a primary residence, weekend retreat, or short-term rental investment near some of Southern Illinois’ most loved attractions. Minutes from Carbondale, Southern Illinois University, Giant City Lodge, wineries, and hiking trails This is your opportunity to experience the best of Southern Illinois living — where every sunrise feels like a getaway and every evening brings peaceful country charm. Near Devil's Kitchen and Crab orchard lakes.

  7. 2026-01-06
    historical
  8. 2025-10-12
    listed Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥107°F today · 21 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$11,522
− Mortgage interest
−$4,481
− Property taxes
−$1,200
− Insurance
−$400
− Repairs & maintenance
−$922
− Management
−$922
− Depreciation
−$2,327
Taxable income
$1,270
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$305
After-tax cash flow
$2,163/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Carbondale Chsd 165
NCES district ID
1708370
Math proficiency
26% ▼ -10.00%
Reading proficiency
35% ▼ -2.00%
Median HH income
$22,075
Composite
23.92/100
National rank
#7787
State rank
#279 of 620 in IL

Livability — Makanda

Score
63/100
State rank
#757
US rank
#15308

Category grades

Amenities F Commute F Cost of living A+ Crime B Employment A- Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Population (ZIP)
2,069

Population outlook (Williamson County) Hauer SSP2

Today (2025)
69,553 people
By 2030
70,090 · +0.8%
By 2040
70,345 · +1.1%
By 2050
69,394 · -0.2%
By 2075
63,590 · -8.6%
By 2100
51,154 · -26.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (91%)
Race & ethnicity
White 91% Asian 3% Black 3% Two or more races 2% Hispanic / Latino 1%
Common ancestry
Serbian 6% Romanian 3% Scotch-Irish 2%
Foreign-born
4% · China
Languages at home
96% English-only · Russian/Polish/Slavic 1% Other Indo-European 1% Chinese 1%

Political lean MEDSL · Williamson

2024 margin
Solid R (+38.8) · D 30.0% · R 68.8% · Other 1.3%
2008→2024 swing
-24.0pp toward R · 2008: -14.8pp · 2024: -38.8pp
All cycles
2024: R+38.8 2020: R+37.3 2016: R+41.2 2012: R+25.0 2008: R+14.8

Not yet ingested

Civics

Market trends

HPI YoY
▲ 4.27%
Current HPI
128.5264
Rent YoY
Metro
State GDP YoY
▲ 1.59%
F500 in state
60

Industry mix (Fortune 500 HQ in IL)

Industry F500 HQs Revenue

Price history

6 events — show timeline
  • 2026-05-23 Relisted MRED as Distributed by MLS Grid
  • 2026-02-28 Contingent RMLSA as Distributed by MLS Grid
  • 2026-02-01 Listing Removed MRED as Distributed by MLS Grid
  • 2026-01-22 Listed $80,000 RMLSA as Distributed by MLS Grid
  • 2026-01-06 Listing Removed RMLSA as Distributed by MLS Grid
  • 2025-10-12 Listed RMLSA as Distributed by MLS Grid

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…