10506 S Michael DrPalos HillsIL60465
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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 Palos Hills at 10506 S Michael Dr, Palos Hills, IL, 60465 listed at $399,900 pairs $2,886/mo rent with a $1,957/mo payment to leave $113/mo cash flow. Total monthly income runs $2,886/mo, and annual cash flow reaches $1,350/yr on $132,567 cash to close. Return on cash invested measures 20.93% in year one, and rental yield registers 8.66% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 109.3% and total cumulative return in cash totals $144,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,886/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60465, Palos Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,724 (100%) |
| Owner Occupied HU | 5,615 (72.7%) |
| Renter Occupied HU | 1,732 (22.4%) |
| Vacant Housing Units | 377 ( 4.9%) |
| Median Home Value | $302,679 |
| Average Home Value | $305,512 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
4,246
Multi-Family
3,307
Businesses
416
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Listed by: Susan Bernovich • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12501185