13302 S Oakview Ct APT 1FRPalos HeightsIL60463
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 13302 S Oakview Ct APT 1FR, Palos Heights, IL, 60463 in Palos Heights deserves attention. This $330,000 property earns $2,848/mo in rent, a 10.35% gross yield, and nets $559/mo after the $1,484/mo payment. DSCR 1.92 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $91,173 compounds alongside $3,039/yr in yearly equity build, for a total cumulative return of $162,219.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 5.0% |
| Monthly Cash Flow | $559 | $250 |
City averages based on Palos Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,848 |
| Total Monthly Debt Service | $2,158 |
| DSCR Ratio | 1.32x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
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
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deb Barry • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12457287