16040 Boardwalk Ln UNIT 1AOrland ParkIL60467
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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 16040 Boardwalk Ln UNIT 1A, Orland Park, IL, 60467 earns from $2,027/mo rent with a $1,468/mo payment. Total monthly income totals $2,027/mo. ROI tracks 19.27% on current figures, and rental yield reads 8.11% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 100.37% and total cumulative return in cash sums $99,784. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,027/mo property income instead of your personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60467, Orland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,911 (100%) |
| Owner Occupied HU | 8,987 (90.7%) |
| Renter Occupied HU | 499 ( 5.0%) |
| Vacant Housing Units | 425 ( 4.3%) |
| Median Home Value | $398,532 |
| Average Home Value | $434,956 |
Housing Distribution
Address Breakdown
Residential
10,083
Single Family
9,144
Multi-Family
939
Businesses
615
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Listed by: George Latsis • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12545506