8938 W 85th PlJusticeIL60458
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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 8938 W 85th Pl, Justice, IL, 60458 uses $142,545 cash to close to unlock $11,005/yr annual cash flow and $917/mo monthly cash flow. Total monthly income runs $3,900/mo, and a $2,105/mo payment keeps the spread at $917/mo. Purchase price stands at $430,000, and rental yield measures 10.88% with $3,900/mo rent. Return on cash invested shows 27.63% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 145.24% and total cumulative return in cash records $207,039. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,900/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,405 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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