13824 Forest AveDoltonIL60419
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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 Dolton at 13824 Forest Ave, Dolton, IL, 60419 uses $36,631 cash to close to unlock $1,337/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $878/mo, and a $541/mo payment keeps the spread at $111/mo. Purchase price stands at $110,500, and rental yield measures 9.53% with $878/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $30,529 over five years. Five-year ROI reaches 123.5% and total cumulative return in cash records $45,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $878/mo property income covering a $541/mo payment rather than investor’s personal income.
Single Family
Built in 1922
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60419, Dolton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 5,085 (59.5%) |
| Renter Occupied HU | 2,439 (28.5%) |
| Vacant Housing Units | 1,026 (12.0%) |
| Median Home Value | $145,040 |
| Average Home Value | $170,910 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
6,916
Multi-Family
910
Businesses
392
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