1904 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
Rental property for sale in Zion at 1904 Joppa Ave, Zion, IL, 60099 priced at $274,900 converts $2,284/mo rent into $378/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,284/mo, and annual cash flow totals $4,533/yr on $91,129 invested. Return on cash invested prints 24.88% in year one, and rental yield reads 9.97% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 130.5% and total cumulative return in cash sums $118,923. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1979
7,500 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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