203 W Washington StAthensIL62613
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 203 W Washington St, Athens, IL, 62613 in Athens speaks for itself: 12.9% gross on a $154,900 price, generating $1,666/mo in rent and $591/mo in net income after the $697/mo debt service. DSCR 2.39, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,094 stacks alongside $42,796 in projected five-year appreciation and $1,427/yr in principal reduction. Projected total cumulative return: $97,293.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.0% |
| Monthly Cash Flow | $591 | $300 |
City averages based on Athens market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,666 |
| Total Monthly Debt Service | $1,013 |
| DSCR Ratio | 1.64x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 N/A
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62613, Athens, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,590 (100%) |
| Owner Occupied HU | 1,243 (78.2%) |
| Renter Occupied HU | 251 (15.8%) |
| Vacant Housing Units | 96 ( 6.0%) |
| Median Home Value | $198,072 |
| Average Home Value | $234,916 |
Housing Distribution
Address Breakdown
Residential
1,486
Single Family
1,486
Multi-Family
0
Businesses
73
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 N/A
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62613, Athens, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,590 (100%) |
| Owner Occupied HU | 1,243 (78.2%) |
| Renter Occupied HU | 251 (15.8%) |
| Vacant Housing Units | 96 ( 6.0%) |
| Median Home Value | $198,072 |
| Average Home Value | $234,916 |
Housing Distribution
Address Breakdown
Residential
1,486
Single Family
1,486
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices