10223 S Spaulding Ave, Evergreen Park, IL, 60805 | $932/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Evergreen Park at 10223 S Spaulding Ave, Evergreen Park, IL, 60805 offers a 11.52% rental yield on a $350,000 purchase with $3,360/mo rent. Total monthly income registers $3,360/mo, and a $1,713/mo payment leaves $932/mo available for distribution. Annual cash flow reaches $11,189/yr on $116,025 to close, and return on cash invested stands at 29.55% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 155.55% and total cumulative return in cash at $180,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,360/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

7,749 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