1047 Hirsch BlvdCalumet CityIL60409
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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
Rental property for sale in Calumet City at 1047 Hirsch Blvd, Calumet City, IL, 60409 priced at $239,800 converts $2,364/mo rent into $700/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,364/mo, and annual cash flow totals $8,405/yr on $79,494 invested. Return on cash invested prints 30.48% in year one, and rental yield reads 11.83% against a $239,800 entry. Equity gained on principal adds $1,547/yr, while 5% annual appreciation compiles into $66,252 by year five. Five-year ROI reaches 160.56% and total cumulative return in cash sums $127,631. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,364/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Single Family
Built in 1969
2,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60409, Calumet City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,702 (49.4%) |
| Renter Occupied HU | 6,094 (39.1%) |
| Vacant Housing Units | 1,795 (11.5%) |
| Median Home Value | $144,203 |
| Average Home Value | $224,136 |
Housing Distribution
Address Breakdown
Residential
14,273
Single Family
9,904
Multi-Family
4,369
Businesses
874
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