10211 S Spaulding 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 10211 S Spaulding Ave, Evergreen Park, IL, 60805 uses $112,677 cash to close to unlock $8,508/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $3,067/mo, and a $1,664/mo payment keeps the spread at $709/mo. Purchase price stands at $339,900, and rental yield measures 10.83% with $3,067/mo rent. Return on cash invested shows 27.46% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 144.34% and total cumulative return in cash records $162,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,067/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,880 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: Mayra Vargas • Turn Key Realty Solutions
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12434762