14116 S Hoxie 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 14116 S Hoxie Ave, Burnham, IL, 60633 uses $76,245 cash to close to unlock $6,773/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,126/mo payment keeps the spread at $564/mo. Purchase price stands at $229,999, and rental yield measures 11.27% with $2,160/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $63,544 over five years. Five-year ROI reaches 151.51% and total cumulative return in cash records $115,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1974
5,039 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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