619 Jewett StMazonIL60444
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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 Mazon at 619 Jewett St, Mazon, IL, 60444 uses $61,328 cash to close to unlock $3,051/yr annual cash flow and $254/mo monthly cash flow. Total monthly income runs $1,537/mo, and a $905/mo payment keeps the spread at $254/mo. Purchase price stands at $185,000, and rental yield measures 9.97% with $1,537/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash records $80,067. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,537/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60444, Mazon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 693 (100%) |
| Owner Occupied HU | 516 (74.5%) |
| Renter Occupied HU | 155 (22.4%) |
| Vacant Housing Units | 22 ( 3.2%) |
| Median Home Value | $242,411 |
| Average Home Value | $292,326 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
385
Multi-Family
20
Businesses
40
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