1526 S 51st Ct APT 23CiceroIL60804
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 Cicero at 1526 S 51st Ct APT 23, Cicero, IL, 60804 uses $48,068 cash to close to unlock $1,499/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,131/mo, and a $710/mo payment keeps the spread at $125/mo. Purchase price stands at $145,000, and rental yield measures 9.36% with $1,131/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 120.57% and total cumulative return in cash records $57,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,131/mo property income covering a $710/mo payment rather than investor’s personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices