192 S Joslyn StCortlandIL60112
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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 Cortland at 192 S Joslyn St, Cortland, IL, 60112 at $429,900 posts ROI 22.08% with $258/mo cash flow from $3,240/mo rent. Total monthly income equals $3,240/mo, and annual cash flow records $3,099/yr on $142,512 to close. Return on cash invested measures 22.08% and rental yield reads 9.04% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 115.5% and total cumulative return in cash totals $164,599.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,240/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1992
8,834 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60112, Cortland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,721 (100%) |
| Owner Occupied HU | 1,303 (75.7%) |
| Renter Occupied HU | 363 (21.1%) |
| Vacant Housing Units | 55 ( 3.2%) |
| Median Home Value | $197,400 |
| Average Home Value | $220,353 |
Housing Distribution
Address Breakdown
Residential
1,668
Single Family
1,458
Multi-Family
210
Businesses
74
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