113 Wichita LnLodaIL60948
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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 Loda at 113 Wichita Ln, Loda, IL, 60948 uses $52,859 cash to close to unlock $7,544/yr annual cash flow and $629/mo monthly cash flow. Total monthly income runs $1,915/mo, and a $780/mo payment keeps the spread at $629/mo. Purchase price stands at $159,453, and rental yield measures 14.41% with $1,915/mo rent. Return on cash invested shows 34.18% in year one, and 5% annual appreciation builds toward $44,054 over five years. Five-year ROI reaches 181.86% and total cumulative return in cash records $96,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,915/mo property income covering a $780/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.46 Acres lot
$N/A/sqft
$123 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60948, Loda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 813 (100%) |
| Owner Occupied HU | 565 (69.5%) |
| Renter Occupied HU | 54 ( 6.6%) |
| Vacant Housing Units | 194 (23.9%) |
| Median Home Value | $276,989 |
| Average Home Value | $352,704 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
23
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