10355 Menard Ave APT 210Oak LawnIL60453
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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 Oak Lawn at 10355 Menard Ave APT 210, Oak Lawn, IL, 60453 offers a 9.02% rental yield on a $137,000 purchase with $1,030/mo rent. Total monthly income registers $1,030/mo, and a $671/mo payment leaves $79/mo available for distribution. Annual cash flow reaches $951/yr on $45,416 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $884/yr while 5% annual appreciation supports $37,851 over five years. Portfolio math shows five-year ROI at 115.13% and total cumulative return in cash at $52,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,030/mo property income against a $671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60453, Oak Lawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,136 (100%) |
| Owner Occupied HU | 17,786 (76.9%) |
| Renter Occupied HU | 4,209 (18.2%) |
| Vacant Housing Units | 1,141 ( 4.9%) |
| Median Home Value | $290,812 |
| Average Home Value | $300,700 |
Housing Distribution
Address Breakdown
Residential
23,037
Single Family
15,931
Multi-Family
7,106
Businesses
1,260
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