310 Pine Ridge LnAthensIL62613
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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 Athens at 310 Pine Ridge Ln, Athens, IL, 62613 listed at $419,900 pairs $360/mo rent with a $2,055/mo payment. Total monthly income runs $360/mo. Return on cash invested measures -2.09% in year one, and rental yield registers 1.03% at a $419,900 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,011 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $360/mo property income relative to a $2,055/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
3.72 Acres 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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Listed by: Kyle T Killebrew • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035963
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.