16825 81st Ave APT 2STinley ParkIL60477
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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 Tinley Park at 16825 81st Ave APT 2S, Tinley Park, IL, 60477 uses $64,609 cash to close to unlock $1,453/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $1,473/mo, and a $954/mo payment keeps the spread at $121/mo. Purchase price stands at $194,900, and rental yield measures 9.07% with $1,473/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 115.96% and total cumulative return in cash records $74,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,473/mo property income covering a $954/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60477, Tinley Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,320 (100%) |
| Owner Occupied HU | 12,536 (76.8%) |
| Renter Occupied HU | 2,989 (18.3%) |
| Vacant Housing Units | 795 ( 4.9%) |
| Median Home Value | $285,063 |
| Average Home Value | $313,982 |
Housing Distribution
Address Breakdown
Residential
16,102
Single Family
11,467
Multi-Family
4,635
Businesses
1,124
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Listed by: Dave Shalabi • RE/MAX 10
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12448102