12912 Mill Dr EPalos ParkIL60464
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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 Palos Park at 12912 Mill Dr E, Palos Park, IL, 60464 listed at $286,900 pairs $3,406/mo rent with a $1,404/mo payment to leave $1,196/mo cash flow. Total monthly income runs $3,406/mo, and annual cash flow reaches $14,355/yr on $95,107 cash to close. Return on cash invested measures 35% in year one, and rental yield registers 14.25% at a $286,900 basis. Equity gained on principal adds $1,851/yr, and annual property appreciation at 5% supports $79,265 by year five. Five-year ROI tracks 185.79% and total cumulative return in cash totals $176,703. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,406/mo property income relative to a $1,404/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
8.98 Acres lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60464, Palos Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,432 (82.9%) |
| Renter Occupied HU | 420 (10.1%) |
| Vacant Housing Units | 289 ( 7.0%) |
| Median Home Value | $446,879 |
| Average Home Value | $505,444 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,279
Multi-Family
749
Businesses
197
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