8729 Deer Crossing LnNew DouglasIL62074
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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 New Douglas at 8729 Deer Crossing Ln, New Douglas, IL, 62074 with 5% annual appreciation on a $529,000 basis while $0/mo rent supports operations. 24% in year one. Equity gained on principal adds $3,414/yr, and five-year appreciation sums $146,153 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $2,589/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
6.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62074, New Douglas, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 411 (77.5%) |
| Renter Occupied HU | 74 (14.0%) |
| Vacant Housing Units | 45 ( 8.5%) |
| Median Home Value | $247,667 |
| Average Home Value | $303,151 |
Housing Distribution
Address Breakdown
Residential
378
Single Family
378
Multi-Family
0
Businesses
16
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Listed by: Michael A Bellovich • RE/MAX Alliance
Mls Name: MARIS
Mls Provider:
Mls ID: #25027539
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