11134 Northwest Rd #2CPalos 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 11134 Northwest Rd #2C, Palos Hills, IL, 60465 uses $83,836 cash to close to unlock $1,988/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,238/mo payment keeps the spread at $166/mo. Purchase price stands at $252,900, and rental yield measures 9.11% with $1,920/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $69,872 over five years. Five-year ROI reaches 116.55% and total cumulative return in cash records $97,712. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,238/mo payment rather than investor’s personal income.
Condo
Built in 1977
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: Kristi Turn • Keller Williams Preferred Rlty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534169