802 Joanne DrMinookaIL60447
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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 802 Joanne Dr, Minooka, IL, 60447 with 5% annual appreciation on a $424,998 basis while $3,294/mo rent supports operations. Total monthly income totals $3,294/mo and a $2,080/mo payment preserves $346/mo for cash returns. Annual cash flow comes to $4,156/yr on $140,887 deployed, and return on cash invested reaches 22.86% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,419 alongside rental yield of 9.3%. Five-year ROI measures 119.66% and total cumulative return in cash totals $168,580.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,294/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
9,000 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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