12245 Fairway Cir UNIT DBlue 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
Investment property for sale in Blue Island at 12245 Fairway Cir UNIT D, Blue Island, IL, 60406 offers a 9.31% rental yield on a $139,900 purchase with $1,085/mo rent. Total monthly income registers $1,085/mo, and a $685/mo payment leaves $114/mo available for distribution. Annual cash flow reaches $1,372/yr on $46,377 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 119.76% and total cumulative return in cash at $55,539. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,085/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2001
N/A 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: Mariano Frausto • Real People Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12525289