208 S Mill StAthensIL62613
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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
Rental property for sale in Athens at 208 S Mill St, Athens, IL, 62613 offers $360/mo rent that, after a $636/mo payment. Total monthly income is $360/mo. Return on cash invested measures 4.83% in year one, and rental yield stands at 3.33% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 22.98% and total cumulative return in cash reaches $9,895. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $360/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1836
3,920 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
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