650 Justin CtBourbonnaisIL60914
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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 Bourbonnais at 650 Justin Ct, Bourbonnais, IL, 60914 listed at $499,999 pairs $3,771/mo rent with a $2,447/mo payment to leave $303/mo cash flow. Total monthly income runs $3,771/mo, and annual cash flow reaches $3,638/yr on $165,750 cash to close. Return on cash invested measures 22.1% in year one, and rental yield registers 9.05% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 115.61% and total cumulative return in cash totals $191,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,771/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60914, Bourbonnais, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,142 (100%) |
| Owner Occupied HU | 7,435 (66.7%) |
| Renter Occupied HU | 2,976 (26.7%) |
| Vacant Housing Units | 731 ( 6.6%) |
| Median Home Value | $234,333 |
| Average Home Value | $255,617 |
Housing Distribution
Address Breakdown
Residential
11,025
Single Family
10,552
Multi-Family
473
Businesses
797
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Listed by: Heba Rashed • Kawash Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537664