7314 Blackstone Ave APT 30JusticeIL60458
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 7314 Blackstone Ave APT 30, Justice, IL, 60458 in Justice at $165,000 earns $1,260/mo in rent and nets $116/mo after the $742/mo payment, a 9.16% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $45,586 over five years. Ziffy Mortgage underwrites this on a 1.70 DSCR without U.S. credit history. With $1,520/yr in principal paydown, total projected return reaches $70,586.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $116 | $1,500 |
City averages based on Justice market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,260 |
| Total Monthly Debt Service | $1,079 |
| DSCR Ratio | 1.17x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60458, Justice, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,936 (100%) |
| Owner Occupied HU | 2,867 (48.3%) |
| Renter Occupied HU | 2,604 (43.9%) |
| Vacant Housing Units | 465 ( 7.8%) |
| Median Home Value | $251,346 |
| Average Home Value | $248,193 |
Housing Distribution
Address Breakdown
Residential
5,817
Single Family
3,581
Multi-Family
2,236
Businesses
187
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
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60458, Justice, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,936 (100%) |
| Owner Occupied HU | 2,867 (48.3%) |
| Renter Occupied HU | 2,604 (43.9%) |
| Vacant Housing Units | 465 ( 7.8%) |
| Median Home Value | $251,346 |
| Average Home Value | $248,193 |
Housing Distribution
Address Breakdown
Residential
5,817
Single Family
3,581
Multi-Family
2,236
Businesses
187
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices