15 Forest Wood LnPark ForestIL60466
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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 Park Forest at 15 Forest Wood Ln, Park Forest, IL, 60466 priced at $113,700 pairs $2,843/mo rent with $1,548/mo cash flow after a $557/mo payment. Total monthly income equals $2,843/mo, and annual cash flow comes to $18,576/yr on $37,692 invested. Return on cash invested is 69.19% in year one, and rental yield stands at 30.01% on a $113,700 basis. Equity gained on principal adds $734/yr, and 5% annual appreciation accumulates to $31,413 by year five. Five-year ROI measures 373.92% and total cumulative return in cash reaches $140,937. For financing, Ziffy Mortgage’s DSCR program evaluates $2,843/mo property income against a $557/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1998
1,742 sqft lot
$N/A/sqft
$148 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60466, Park Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,742 (100%) |
| Owner Occupied HU | 5,723 (58.7%) |
| Renter Occupied HU | 3,056 (31.4%) |
| Vacant Housing Units | 963 ( 9.9%) |
| Median Home Value | $105,193 |
| Average Home Value | $149,090 |
Housing Distribution
Address Breakdown
Residential
9,161
Single Family
8,386
Multi-Family
775
Businesses
316
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Listed by: N/A • N/A
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