10940 Worth Ave #11WorthIL60482
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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 Worth at 10940 Worth Ave #11, Worth, IL, 60482 uses $51,349 cash to close to unlock $1,845/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,228/mo, and a $758/mo payment keeps the spread at $154/mo. Purchase price stands at $154,900, and rental yield measures 9.51% with $1,228/mo rent. Return on cash invested shows 23.5% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 123.1% and total cumulative return in cash records $63,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,228/mo property income covering a $758/mo payment rather than investor’s personal income.
Condo
Built in 1979
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60482, Worth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,619 (100%) |
| Owner Occupied HU | 2,987 (64.7%) |
| Renter Occupied HU | 1,414 (30.6%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $239,799 |
| Average Home Value | $241,460 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
2,996
Multi-Family
1,617
Businesses
381
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