14430 Ridgeway AveMidlothianIL60445
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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 Midlothian at 14430 Ridgeway Ave, Midlothian, IL, 60445 listed at $299,990 pairs $2,926/mo rent with a $1,468/mo payment to leave $846/mo cash flow. Total monthly income runs $2,926/mo, and annual cash flow reaches $10,146/yr on $99,447 cash to close. Return on cash invested measures 30.11% in year one, and rental yield registers 11.7% at a $299,990 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,882 by year five. Five-year ROI tracks 158.54% and total cumulative return in cash totals $157,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,926/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60445, Midlothian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 4,082 (71.7%) |
| Renter Occupied HU | 1,262 (22.2%) |
| Vacant Housing Units | 351 ( 6.2%) |
| Median Home Value | $225,228 |
| Average Home Value | $258,096 |
Housing Distribution
Address Breakdown
Residential
5,464
Single Family
4,582
Multi-Family
882
Businesses
324
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Listed by: Umber Hussain • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12538838