15607 Petunia Ct #29Orland ParkIL60462
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who treat current yield as secondary to long-run equity growth will find 15607 Petunia Ct #29, Orland Park, IL, 60462 in Orland Park worth modelling. At $289,000 with a 10.22% gross yield, the $2,461/mo rent leaves $173/mo after the $1,300/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.89 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $79,845 by year five; $2,662/yr in principal reduction adds further equity. Total projected return: $139,864.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 5.4% |
| Monthly Cash Flow | $173 | $1,850 |
City averages based on Orland Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,461 |
| Total Monthly Debt Service | $1,890 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1984
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
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
Condo
Built in 1984
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Larson-Spencer • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12569426