13129 Forest Ridge Dr APT 2BPalos HeightsIL60463
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 13129 Forest Ridge Dr APT 2B, Palos Heights, IL, 60463 in Palos Heights the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $268,900 price is below income-first thresholds, but 5%/yr value growth projects $74,292 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 5.0% |
| Monthly Cash Flow | $0 | $250 |
City averages based on Palos Heights market data in our database. Property projections are estimates.
Condo
Built in 2006
N/A lot
$N/A/sqft
$385 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Condo
Built in 2006
N/A lot
$N/A/sqft
$385 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices