11111 Heritage Dr APT 2APalos 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 11111 Heritage Dr APT 2A, Palos Hills, IL, 60465 earns $467/mo cash flow from $2,170/mo rent with a $1,202/mo payment. Total monthly income totals $2,170/mo, and annual cash flow totals $5,601/yr on $81,383 capital. ROI tracks 26.79% on current figures, and rental yield reads 10.61% at a $245,500 purchase. Equity gained on principal adds $1,584/yr, and 5% annual appreciation supports $67,827 over five years. Five-year ROI reaches 140.74% and total cumulative return in cash sums $114,541. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,170/mo property income instead of your personal income.
Condo
Built in 1990
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: Diana Dambrauskiene • Re/Max Millennium
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12400208