8030 S Justine StChicagoIL60620
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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 Chicago at 8030 S Justine St, Chicago, IL, 60620 with 5% annual appreciation on a $390,000 basis while $3,485/mo rent supports operations. Total monthly income totals $3,485/mo and a $1,909/mo payment preserves $780/mo for cash returns. Annual cash flow comes to $9,357/yr on $129,285 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 10.72%. Five-year ROI measures 142.63% and total cumulative return in cash totals $184,400.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,485/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in N/A
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60620, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,458 (100%) |
| Owner Occupied HU | 12,415 (40.8%) |
| Renter Occupied HU | 14,209 (46.7%) |
| Vacant Housing Units | 3,834 (12.6%) |
| Median Home Value | $211,549 |
| Average Home Value | $257,963 |
Housing Distribution
Address Breakdown
Residential
25,226
Single Family
16,860
Multi-Family
8,366
Businesses
1,415
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