11900 Ann StBlue IslandIL60406
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
Rental property for sale in Blue Island at 11900 Ann St, Blue Island, IL, 60406 generates $3,360/mo in rent and, after a $1,468/mo payment, leaves $1,280/mo in cash flow. Total monthly income is $3,360/mo, and annual cash flow is $15,354/yr on $99,450 invested. Return on cash invested sits at 35.35% in year one, and rental yield is 13.44% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 186.63% and total cumulative return in cash sums $185,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Multi Family
Built in 1955
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60406, Blue Island, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,881 (100%) |
| Owner Occupied HU | 4,492 (45.5%) |
| Renter Occupied HU | 4,125 (41.7%) |
| Vacant Housing Units | 1,264 (12.8%) |
| Median Home Value | $174,880 |
| Average Home Value | $200,210 |
Housing Distribution
Address Breakdown
Residential
8,468
Single Family
6,668
Multi-Family
1,800
Businesses
608
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paulette Hollingsworth • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12498725