507 N Coneflower DrAthensIL62613
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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 507 N Coneflower Dr, Athens, IL, 62613 uses $39,780 cash to close to unlock $15,948/yr annual cash flow and $1,329/mo monthly cash flow. Total monthly income runs $2,161/mo, and a $587/mo payment keeps the spread at $1,329/mo. Purchase price stands at $120,000, and rental yield measures 21.61% with $2,161/mo rent. Return on cash invested shows 60% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 318.81% and total cumulative return in cash records $126,823. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,161/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.31 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: Wendi Rensing • CCDC Property Management & Rea
Mls Name: MARIS
Mls Provider:
Mls ID: #24069102
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