15537 Harbor Town DrOrland ParkIL60462
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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 Orland Park at 15537 Harbor Town Dr, Orland Park, IL, 60462 offers a 10.66% rental yield on a $520,000 purchase with $4,619/mo rent. Total monthly income registers $4,619/mo, and a $2,545/mo payment leaves $1,012/mo available for distribution. Annual cash flow reaches $12,148/yr on $171,080 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 142.7% and total cumulative return in cash at $244,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,619/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60462, Orland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,742 (100%) |
| Owner Occupied HU | 13,635 (81.4%) |
| Renter Occupied HU | 2,401 (14.3%) |
| Vacant Housing Units | 706 ( 4.2%) |
| Median Home Value | $345,523 |
| Average Home Value | $375,558 |
Housing Distribution
Address Breakdown
Residential
16,503
Single Family
12,458
Multi-Family
4,045
Businesses
1,643
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Listed by: Susan Adduci, CNC • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12426153