13921 S Manistee AveBurnhamIL60633
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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 Burnham at 13921 S Manistee Ave, Burnham, IL, 60633 uses $87,019 cash to close to unlock $9,445/yr annual cash flow and $787/mo monthly cash flow. Total monthly income runs $2,608/mo, and a $1,285/mo payment keeps the spread at $787/mo. Purchase price stands at $262,500, and rental yield measures 11.92% with $2,608/mo rent. Return on cash invested shows 30.76% in year one, and 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 162.09% and total cumulative return in cash records $141,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,285/mo payment rather than investor’s personal income.
Single Family
Built in 1979
5,280 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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