1817 Joppa AveZionIL60099
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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 Zion at 1817 Joppa Ave, Zion, IL, 60099 uses $77,903 cash to close to unlock $278/yr annual cash flow and $23/mo monthly cash flow. Total monthly income runs $1,653/mo, and a $1,150/mo payment keeps the spread at $23/mo. Purchase price stands at $235,000, and rental yield measures 8.44% with $1,653/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash records $82,420. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,653/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1969
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60099, Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 7,070 (58.3%) |
| Renter Occupied HU | 4,242 (35.0%) |
| Vacant Housing Units | 808 ( 6.7%) |
| Median Home Value | $201,948 |
| Average Home Value | $236,141 |
Housing Distribution
Address Breakdown
Residential
11,258
Single Family
9,008
Multi-Family
2,250
Businesses
531
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