14024 S Saginaw 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
Rental property for sale in Burnham at 14024 S Saginaw Ave, Burnham, IL, 60633 generates $1,632/mo in rent, after a $1,175/mo payment. Total monthly income is $1,632/mo. Return on cash invested sits at 19.41% in year one, and rental yield is 8.16% on a $239,999 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,307 over five years. Five-year ROI reaches 101.13% and total cumulative return in cash sums $80,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,632/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
4,480 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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