8742 Heinz RdNew 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 8742 Heinz Rd, New Douglas, IL, 62074 listed at $280,000 pairs $1,546/mo rent with a $1,370/mo payment. Total monthly income runs $1,546/mo. Return on cash invested measures 14.79% in year one, and rental yield registers 6.63% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 76.42% and total cumulative return in cash totals $70,929. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
5 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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