1139 Leavitt Ave APT 212FlossmoorIL60422
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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
Rental property for sale in Flossmoor at 1139 Leavitt Ave APT 212, Flossmoor, IL, 60422 generates $2,224/mo in rent and, after a $541/mo payment, leaves $1,116/mo in cash flow. Total monthly income is $2,224/mo, and annual cash flow is $13,387/yr on $36,631 invested. Return on cash invested sits at 56.46% in year one, and rental yield is 24.15% on a $110,500 entry. Equity gained on principal adds $713/yr, while 5% annual appreciation builds toward $30,529 over five years. Five-year ROI reaches 303.91% and total cumulative return in cash sums $111,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,224/mo property income rather than buyer’s personal income.
Condo
Built in 1961
1.29 Acres lot
$N/A/sqft
$272 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60422, Flossmoor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 3,240 (85.7%) |
| Renter Occupied HU | 344 ( 9.1%) |
| Vacant Housing Units | 198 ( 5.2%) |
| Median Home Value | $344,456 |
| Average Home Value | $372,738 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,420
Multi-Family
264
Businesses
444
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