121 Dakota DrLodaIL60948
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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 Loda at 121 Dakota Dr, Loda, IL, 60948 priced at $345,000 pairs $1,199/mo rent with after a $1,689/mo payment. Total monthly income equals $1,199/mo. Return on cash invested is 7.38% in year one, and rental yield stands at 4.17% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 36.62% and total cumulative return in cash reaches $41,884. For financing, Ziffy Mortgage’s DSCR program evaluates $1,199/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No 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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