14650 Lamon 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
Rental property for sale in Midlothian at 14650 Lamon Ave, Midlothian, IL, 60445 generates $3,656/mo in rent and, after a $2,386/mo payment, leaves $120/mo in cash flow. Total monthly income is $3,656/mo, and annual cash flow is $1,439/yr on $161,606 invested. Return on cash invested sits at 20.8% in year one, and rental yield is 9% on a $487,500 entry. Equity gained on principal adds $3,146/yr, while 5% annual appreciation builds toward $134,687 over five years. Five-year ROI reaches 109% and total cumulative return in cash sums $176,143. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.41 Acres 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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