7931 S 83rd CtJusticeIL60458
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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 Justice at 7931 S 83rd Ct, Justice, IL, 60458 offers a 14.87% rental yield on a $209,990 purchase with $2,603/mo rent. Total monthly income registers $2,603/mo, and a $1,028/mo payment leaves $1,032/mo available for distribution. Annual cash flow reaches $12,380/yr on $69,612 to close, and return on cash invested stands at 37.69% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,016 over five years. Portfolio math shows five-year ROI at 199.92% and total cumulative return in cash at $139,164. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,603/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,454 sqft 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
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