1106 Lela DrNew AthensIL62264
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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 New Athens at 1106 Lela Dr, New Athens, IL, 62264 earns $1,047/mo cash flow from $2,174/mo rent with a $795/mo payment. Total monthly income totals $2,174/mo, and annual cash flow totals $12,567/yr on $53,869 capital. ROI tracks 43.24% on current figures, and rental yield reads 16.05% at a $162,500 purchase. Equity gained on principal adds $1,049/yr, and 5% annual appreciation supports $44,896 over five years. Five-year ROI reaches 228.99% and total cumulative return in cash sums $123,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,174/mo property income instead of your personal income.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62264, New Athens, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,403 (100%) |
| Owner Occupied HU | 1,065 (75.9%) |
| Renter Occupied HU | 205 (14.6%) |
| Vacant Housing Units | 133 ( 9.5%) |
| Median Home Value | $228,365 |
| Average Home Value | $269,824 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
61
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Listed by: Abraham Bernardini • RE/MAX All Star Advantage
Mls Name: MARIS
Mls Provider:
Mls ID: #24058513
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