132 Timber Lake DrDamiansvilleIL62215
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play132 Timber Lake Dr, Damiansville, IL, 62215 in Damiansville is priced for appreciation, not yield. Rental yield 3.99%. At $325,000 with a 3.99% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $89,792 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.74) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $48,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4% | 5.0% |
| Monthly Cash Flow | $(1,174) | $250 |
City averages based on Damiansville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,080 |
| Total Monthly Debt Service | $2,125 |
| DSCR Ratio | 0.51x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62215, Albers, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 523 (82.8%) |
| Renter Occupied HU | 93 (14.7%) |
| Vacant Housing Units | 16 ( 2.5%) |
| Median Home Value | $227,557 |
| Average Home Value | $259,799 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62215, Albers, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 632 (100%) |
| Owner Occupied HU | 523 (82.8%) |
| Renter Occupied HU | 93 (14.7%) |
| Vacant Housing Units | 16 ( 2.5%) |
| Median Home Value | $227,557 |
| Average Home Value | $259,799 |
Housing Distribution
Address Breakdown
Residential
289
Single Family
289
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey West • Worth Clark Realty
Mls Name: MARIS
Mls ID: #25046081