11257 Melrose CtOrland ParkIL60467
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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 Orland Park at 11257 Melrose Ct, Orland Park, IL, 60467 uses $119,009 cash to close to unlock $672/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $2,546/mo, and a $1,757/mo payment keeps the spread at $56/mo. Purchase price stands at $359,000, and rental yield measures 8.51% with $2,546/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 106.89% and total cumulative return in cash records $127,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,546/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Townhouse
Built in 1996
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60467, Orland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,911 (100%) |
| Owner Occupied HU | 8,987 (90.7%) |
| Renter Occupied HU | 499 ( 5.0%) |
| Vacant Housing Units | 425 ( 4.3%) |
| Median Home Value | $398,532 |
| Average Home Value | $434,956 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
9,144
Multi-Family
939
Businesses
615
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Listed by: Katerina Pavlova • Pavlova Properties
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12525276