13417 S Avenue MBlue IslandIL60633
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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
Rental property for sale in Blue Island at 13417 S Avenue M, Blue Island, IL, 60633 generates $1,437/mo in rent, after a $1,028/mo payment. Total monthly income is $1,437/mo. Return on cash invested sits at 19.57% in year one, and rental yield is 8.21% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 102.03% and total cumulative return in cash sums $71,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,437/mo property income rather than buyer’s personal income.
Single Family
Built in 1888
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60633, Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,328 (100%) |
| Owner Occupied HU | 3,297 (61.9%) |
| Renter Occupied HU | 1,558 (29.2%) |
| Vacant Housing Units | 473 ( 8.9%) |
| Median Home Value | $179,476 |
| Average Home Value | $222,473 |
Housing Distribution
Address Breakdown
Residential
5,013
Single Family
4,538
Multi-Family
475
Businesses
206
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Listed by: Michelle McManus • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12402844