14511 Central Ct APT M2Oak ForestIL60452
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 Oak Forest at 14511 Central Ct APT M2, Oak Forest, IL, 60452 offers a 8.63% rental yield on a $219,000 purchase with $1,575/mo rent. Total monthly income registers $1,575/mo, and a $1,072/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $670/yr on $72,599 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 108.76% and total cumulative return in cash at $78,957. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,575/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60452, Oak Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 8,125 (76.9%) |
| Renter Occupied HU | 2,048 (19.4%) |
| Vacant Housing Units | 392 ( 3.7%) |
| Median Home Value | $264,291 |
| Average Home Value | $278,933 |
Housing Distribution
Address Breakdown
Residential
10,358
Single Family
8,335
Multi-Family
2,023
Businesses
549
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ryan Cherney • Circle One Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12455407