14503 Waverly 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 14503 Waverly Ave, Midlothian, IL, 60445 offers a 14.26% rental yield on a $291,000 purchase with $3,457/mo rent. Total monthly income registers $3,457/mo, and a $1,424/mo payment leaves $1,439/mo available for distribution. Annual cash flow reaches $17,266/yr on $96,467 to close, and return on cash invested stands at 37.81% in year one. Equity gained on principal adds $1,878/yr while 5% annual appreciation supports $80,398 over five years. Portfolio math shows five-year ROI at 199.8% and total cumulative return in cash at $192,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,457/mo property income against a $1,424/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
8,751 sqft 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: Michael Scanlon • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12512195