10206 S Saint Louis AveEvergreen ParkIL60805
Nearby investment properties with comparable rents
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 Evergreen Park at 10206 S Saint Louis Ave, Evergreen Park, IL, 60805 uses $180,621 cash to close to unlock $14,269/yr annual cash flow and $1,189/mo monthly cash flow. Total monthly income runs $4,997/mo, and a $2,687/mo payment keeps the spread at $1,189/mo. Purchase price stands at $549,000, and rental yield measures 10.92% with $4,997/mo rent. Return on cash invested shows 27.96% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 146.99% and total cumulative return in cash records $265,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,997/mo property income covering a $2,687/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,968 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Kelly • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12506942