15718 Revere Ct APT BOak ForestIL60452
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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 Oak Forest at 15718 Revere Ct APT B, Oak Forest, IL, 60452 offers a 13.93% rental yield on a $179,900 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $881/mo payment leaves $841/mo available for distribution. Annual cash flow reaches $10,088/yr on $59,637 to close, and return on cash invested stands at 36.83% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 194.55% and total cumulative return in cash at $116,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60452, Oak Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 8,125 (76.9%) |
| Renter Occupied HU | 2,048 (19.4%) |
| Vacant Housing Units | 392 ( 3.7%) |
| Median Home Value | $264,291 |
| Average Home Value | $278,933 |
Housing Distribution
Address Breakdown
Residential
10,358
Single Family
8,335
Multi-Family
2,023
Businesses
549
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Listed by: Lauren Roman • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12552075