14921 S Richmond AvePosenIL60469
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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 Posen at 14921 S Richmond Ave, Posen, IL, 60469 uses $39,780 cash to close to unlock $19,800/yr annual cash flow and $1,650/mo monthly cash flow. Total monthly income runs $2,482/mo, and a $587/mo payment keeps the spread at $1,650/mo. Purchase price stands at $120,000, and rental yield measures 24.82% with $2,482/mo rent. Return on cash invested shows 69.68% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 370.73% and total cumulative return in cash records $147,475. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,482/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1956
4,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60469, Posen, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,933 (100%) |
| Owner Occupied HU | 1,319 (68.2%) |
| Renter Occupied HU | 437 (22.6%) |
| Vacant Housing Units | 177 ( 9.2%) |
| Median Home Value | $169,450 |
| Average Home Value | $194,333 |
Housing Distribution
Address Breakdown
Residential
1,711
Single Family
1,628
Multi-Family
83
Businesses
152
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