2080 Waters Edge DrMinookaIL60447
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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 Minooka at 2080 Waters Edge Dr, Minooka, IL, 60447 generates $3,284/mo in rent and, after a $2,153/mo payment, leaves $233/mo in cash flow. Total monthly income is $3,284/mo, and annual cash flow is $2,794/yr on $145,827 invested. Return on cash invested sits at 21.83% in year one, and rental yield is 8.96% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 114.09% and total cumulative return in cash sums $166,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,284/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60447, Minooka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,495 (100%) |
| Owner Occupied HU | 4,560 (83.0%) |
| Renter Occupied HU | 807 (14.7%) |
| Vacant Housing Units | 128 ( 2.3%) |
| Median Home Value | $301,501 |
| Average Home Value | $326,234 |
Housing Distribution
Address Breakdown
Residential
5,102
Single Family
4,641
Multi-Family
461
Businesses
391
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