10 Wedgewood RdMattesonIL60443
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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
Investment Highlights
Investment property for sale in Matteson at 10 Wedgewood Rd, Matteson, IL, 60443 at $350,000 posts ROI 25.13% with $504/mo cash flow from $2,932/mo rent. Total monthly income equals $2,932/mo, and annual cash flow records $6,053/yr on $116,025 to close. Return on cash invested measures 25.13% and rental yield reads 10.05% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 131.83% and total cumulative return in cash totals $152,954.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,932/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
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