13405 Forest Ridge Dr UNIT 13405, Palos Heights, IL, 60463 | $958/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2350 sft

144 Ash Dr, Bolingbrook, IL, 60490

4 Bed
3 Bath
- sft

428 Elgin Ave, Forest Park, IL, 60130

3 Bed
2 Bath
1533 sft

7215 Birchwood Ct #19-B, Willowbrook, IL, 60527

4 Bed
2 Bath
2281 sft

8300 S Prairie Ave, Chicago, IL, 60619

Nearby investment properties with comparable prices

3 Bed
2 Bath
1181 sft

6419 W 88th St, Oak Lawn, IL, 60453

3 Bed
2 Bath
2218 sft

8835 Prairie Ave, Highland, IN, 46322

4 Bed
2 Bath
1662 sft

16513 Michigan Ave, South Holland, IL, 60473

- Bed
- Bath
- sft

44 Kings Ct #0, Westchester, IL, 60154

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Palos Heights at 13405 Forest Ridge Dr UNIT 13405, Palos Heights, IL, 60463 uses $129,252 cash to close to unlock $11,495/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $3,662/mo, and a $1,908/mo payment keeps the spread at $958/mo. Purchase price stands at $389,900, and rental yield measures 11.27% with $3,662/mo rent. Return on cash invested shows 28.8% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 151.5% and total cumulative return in cash records $195,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,662/mo property income covering a $1,908/mo payment rather than investor’s personal income.

Townhouse

Built in 2004

N/A lot

$N/A/sqft

No HOA