16002 Spaulding AveMarkhamIL60428




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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 Markham at 16002 Spaulding Ave, Markham, IL, 60428 offers a 15.44% rental yield on a $218,400 purchase with $2,810/mo rent. Total monthly income registers $2,810/mo, and a $1,069/mo payment leaves $1,295/mo available for distribution. Annual cash flow reaches $15,541/yr on $72,400 to close, and return on cash invested stands at 41.37% in year one. Equity gained on principal adds $1,409/yr while 5% annual appreciation supports $60,340 over five years. Portfolio math shows five-year ROI at 218.99% and total cumulative return in cash at $158,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,810/mo property income against a $1,069/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,702 sqft lot
$N/A/sqft
No HOA
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