1343 S Austin Blvd APT 2WCiceroIL60804
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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 Cicero at 1343 S Austin Blvd APT 2W, Cicero, IL, 60804 uses $41,438 cash to close to unlock $1,341/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $979/mo, and a $612/mo payment keeps the spread at $112/mo. Purchase price stands at $125,000, and rental yield measures 9.4% with $979/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 121.18% and total cumulative return in cash records $50,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $979/mo property income covering a $612/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
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