125 N 22nd AveMelrose ParkIL60160
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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 Melrose Park at 125 N 22nd Ave, Melrose Park, IL, 60160 listed at $439,990 pairs $2,484/mo rent with a $2,154/mo payment. Total monthly income runs $2,484/mo. Return on cash invested measures 13.28% in year one, and rental yield registers 6.77% at a $439,990 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,561 by year five. Five-year ROI tracks 68.96% and total cumulative return in cash totals $100,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,484/mo property income relative to a $2,154/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60160, Melrose Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,678 (100%) |
| Owner Occupied HU | 4,094 (47.2%) |
| Renter Occupied HU | 4,077 (47.0%) |
| Vacant Housing Units | 507 ( 5.8%) |
| Median Home Value | $286,722 |
| Average Home Value | $279,533 |
Housing Distribution
Address Breakdown
Residential
7,552
Single Family
5,458
Multi-Family
2,094
Businesses
879
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A