14457 Lamon Ave APT 3NMidlothianIL60445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 14457 Lamon Ave APT 3N, Midlothian, IL, 60445 uses $44,090 cash to close to unlock $12,125/yr annual cash flow and $1,010/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $651/mo payment keeps the spread at $1,010/mo. Purchase price stands at $133,000, and rental yield measures 19.11% with $2,118/mo rent. Return on cash invested shows 47.41% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 253.17% and total cumulative return in cash records $111,621. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $651/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$185 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hayfa Dahleh-Allan • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12511460
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)