143 Choctaw TrlLodaIL60948
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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 143 Choctaw Trl, Loda, IL, 60948 priced at $269,500 converts $1,694/mo rent into after a $1,319/mo obligation. Total monthly income equals $1,694/mo. Return on cash invested prints 17.56% in year one, and rental yield reads 7.54% against a $269,500 entry. Equity gained on principal adds $1,739/yr, while 5% annual appreciation compiles into $74,458 by year five. Five-year ROI reaches 91.2% and total cumulative return in cash sums $81,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,694/mo property income covering a $1,319/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.80 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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