101 E Chicago AveDavis JunctionIL61020
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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
Rental property for sale in Davis Junction at 101 E Chicago Ave, Davis Junction, IL, 61020 priced at $215,000 converts $2,146/mo rent into $655/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,146/mo, and annual cash flow totals $7,860/yr on $71,273 invested. Return on cash invested prints 30.94% in year one, and rental yield reads 11.98% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 163.03% and total cumulative return in cash sums $116,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,146/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1912
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61020, Davis Junction, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,143 (100%) |
| Owner Occupied HU | 976 (85.4%) |
| Renter Occupied HU | 81 ( 7.1%) |
| Vacant Housing Units | 86 ( 7.5%) |
| Median Home Value | $207,593 |
| Average Home Value | $225,679 |
Housing Distribution
Address Breakdown
Residential
1,092
Single Family
1,092
Multi-Family
0
Businesses
43
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Listed by: Brandon Box • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202506310