11604 S Kenneth AveAlsipIL60803
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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 Alsip at 11604 S Kenneth Ave, Alsip, IL, 60803 offers a 8.38% rental yield on a $280,000 purchase with $1,955/mo rent. Total monthly income registers $1,955/mo, and a $1,370/mo payment leaves $13/mo available for distribution. Annual cash flow reaches $160/yr on $92,820 to close, and return on cash invested stands at 20.08% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 104.77% and total cumulative return in cash at $97,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,955/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
5,619 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60803, Alsip, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,906 (100%) |
| Owner Occupied HU | 6,118 (61.8%) |
| Renter Occupied HU | 3,266 (33.0%) |
| Vacant Housing Units | 522 ( 5.3%) |
| Median Home Value | $229,111 |
| Average Home Value | $231,639 |
Housing Distribution
Address Breakdown
Residential
9,201
Single Family
5,739
Multi-Family
3,462
Businesses
810
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