14623 Wabash AveDoltonIL60419
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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 Dolton at 14623 Wabash Ave, Dolton, IL, 60419 uses $39,747 cash to close to unlock $1,310/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $941/mo, and a $587/mo payment keeps the spread at $109/mo. Purchase price stands at $119,900, and rental yield measures 9.42% with $941/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash records $48,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $941/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60419, Dolton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,550 (100%) |
| Owner Occupied HU | 5,085 (59.5%) |
| Renter Occupied HU | 2,439 (28.5%) |
| Vacant Housing Units | 1,026 (12.0%) |
| Median Home Value | $145,040 |
| Average Home Value | $170,910 |
Housing Distribution
Address Breakdown
Residential
7,826
Single Family
6,916
Multi-Family
910
Businesses
392
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