504 Flanagan Dr UNIT AMinookaIL60447
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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 Minooka at 504 Flanagan Dr UNIT A, Minooka, IL, 60447 uses $84,533 cash to close to unlock $12,040/yr annual cash flow and $1,003/mo monthly cash flow. Total monthly income runs $2,772/mo, and a $1,248/mo payment keeps the spread at $1,003/mo. Purchase price stands at $255,000, and rental yield measures 13.04% with $2,772/mo rent. Return on cash invested shows 34.15% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 180.22% and total cumulative return in cash records $152,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,772/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Multi Family
Built in 1994
5,740 sqft 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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