12976 W 28th StBeach ParkIL60099
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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 Beach Park at 12976 W 28th St, Beach Park, IL, 60099 offers a 8.87% rental yield on a $324,000 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,586/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,758/yr on $107,406 to close, and return on cash invested stands at 21.55% in year one. Equity gained on principal adds $2,091/yr while 5% annual appreciation supports $89,515 over five years. Portfolio math shows five-year ROI at 112.62% and total cumulative return in cash at $120,959. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60099, Zion, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,120 (100%) |
| Owner Occupied HU | 7,070 (58.3%) |
| Renter Occupied HU | 4,242 (35.0%) |
| Vacant Housing Units | 808 ( 6.7%) |
| Median Home Value | $201,948 |
| Average Home Value | $236,141 |
Housing Distribution
Address Breakdown
Residential
11,258
Single Family
9,008
Multi-Family
2,250
Businesses
531
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Listed by: Rodney Chesser • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544004