2631 Carmel Blvd #0ZionIL60099
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2631 Carmel Blvd #0, Zion, IL, 60099 listed at $298,500 pairs $2,681/mo rent with a $1,461/mo payment to leave $611/mo cash flow. Total monthly income runs $2,681/mo, and annual cash flow reaches $7,327/yr on $98,953 cash to close. Return on cash invested measures 27.31% in year one, and rental yield registers 10.78% at a $298,500 basis. Equity gained on principal adds $1,926/yr, and annual property appreciation at 5% supports $82,470 by year five. Five-year ROI tracks 143.54% and total cumulative return in cash totals $142,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,681/mo property income relative to a $1,461/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices