8863 New Athens Darmstadt RdNew AthensIL62264
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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 Athens at 8863 New Athens Darmstadt Rd, New Athens, IL, 62264 with 5% annual appreciation on a $158,000 basis while $2,802/mo rent supports operations. Total monthly income totals $2,802/mo and a $773/mo payment preserves $1,517/mo for cash returns. Annual cash flow comes to $18,203/yr on $52,377 deployed, and return on cash invested reaches 54.66% in year one. Equity gained on principal adds $1,020/yr, and five-year appreciation sums $43,652 alongside rental yield of 21.28%. Five-year ROI measures 291.76% and total cumulative return in cash totals $152,818.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,802/mo property income versus a $773/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
5.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62264, New Athens, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,403 (100%) |
| Owner Occupied HU | 1,065 (75.9%) |
| Renter Occupied HU | 205 (14.6%) |
| Vacant Housing Units | 133 ( 9.5%) |
| Median Home Value | $228,365 |
| Average Home Value | $269,824 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
1,291
Multi-Family
0
Businesses
61
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Listed by: Starling A Griffin • Coldwell Banker Allen & Geary
Mls Name: MARIS
Mls Provider:
Mls ID: #25029456
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