10522 Palos Pl #CPalos 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 10522 Palos Pl #C, Palos Hills, IL, 60465 offers a 9.28% rental yield on a $185,000 purchase with $1,431/mo rent. Total monthly income registers $1,431/mo, and a $905/mo payment leaves $148/mo available for distribution. Annual cash flow reaches $1,779/yr on $61,328 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 119.44% and total cumulative return in cash at $73,251. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,431/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
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: Jennifer LeGros • Keller Williams Experience
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12467817