14840 Kilpatrick Ave #604MidlothianIL60445
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 14840 Kilpatrick Ave #604, Midlothian, IL, 60445 earns $102/mo cash flow from $962/mo rent with a $607/mo payment. Total monthly income totals $962/mo, and annual cash flow totals $1,222/yr on $41,106 capital. ROI tracks 22.88% on current figures, and rental yield reads 9.31% at a $124,000 purchase. Equity gained on principal adds $800/yr, and 5% annual appreciation supports $34,259 over five years. Five-year ROI reaches 119.81% and total cumulative return in cash sums $49,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $962/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Jonas • First Rate Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12496419