15502 Elm StSouth HollandIL60473
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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 South Holland at 15502 Elm St, South Holland, IL, 60473 listed at $249,500 pairs $1,705/mo rent with a $1,221/mo payment. Total monthly income runs $1,705/mo. Return on cash invested measures 19.54% in year one, and rental yield registers 8.2% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 101.86% and total cumulative return in cash totals $84,249. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,705/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60473, South Holland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 6,386 (75.7%) |
| Renter Occupied HU | 1,568 (18.6%) |
| Vacant Housing Units | 480 ( 5.7%) |
| Median Home Value | $213,970 |
| Average Home Value | $230,422 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
7,658
Multi-Family
10
Businesses
922
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Listed by: Kamil J Nowakowski • NowEquity Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534393