11141 East Rd APT EPalos HillsIL60465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 11141 East Rd APT E, Palos Hills, IL, 60465 earns $1,725/mo cash flow from $4,001/mo rent with a $1,419/mo payment. Total monthly income totals $4,001/mo, and annual cash flow totals $20,701/yr on $96,102 capital. ROI tracks 41.45% on current figures, and rental yield reads 16.56% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 220.58% and total cumulative return in cash sums $211,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,001/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$265 monthly 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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Nearby investment properties with comparable prices
Listed by: Bernadeta Szczech • RE/MAX 10
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12142563
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)