2313 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 2313 Joppa Ave, Zion, IL, 60099 generates $1,449/mo in rent and, after a $896/mo payment, leaves $179/mo in cash flow. Total monthly income is $1,449/mo, and annual cash flow is $2,152/yr on $60,665 invested. Return on cash invested sits at 23.46% in year one, and rental yield is 9.5% on a $183,000 entry. Equity gained on principal adds $1,181/yr, while 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 122.92% and total cumulative return in cash sums $74,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,449/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
7,150 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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