1031 Northwestern 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
Investment property for sale in Davis Junction at 1031 Northwestern Ave, Davis Junction, IL, 61020 earns $884/mo cash flow from $3,068/mo rent with a $1,537/mo payment. Total monthly income totals $3,068/mo, and annual cash flow totals $10,604/yr on $104,091 capital. ROI tracks 30.1% on current figures, and rental yield reads 11.72% at a $314,000 purchase. Equity gained on principal adds $2,026/yr, and 5% annual appreciation supports $86,752 over five years. Five-year ROI reaches 158.5% and total cumulative return in cash sums $164,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,068/mo property income instead of your personal income.
Single Family
Built in 2007
0.82 Acres lot
$N/A/sqft
$75 annually 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: Mark Fiorello • Gambino Realtors
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202404232
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.