18053 Live Oak Ct #1603Tinley 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
Rental property for sale in Tinley Park at 18053 Live Oak Ct #1603, Tinley Park, IL, 60477 generates $2,214/mo in rent and, after a $1,101/mo payment, leaves $654/mo in cash flow. Total monthly income is $2,214/mo, and annual cash flow is $7,846/yr on $74,554 invested. Return on cash invested sits at 30.43% in year one, and rental yield is 11.81% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 160.27% and total cumulative return in cash sums $119,485. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,214/mo property income rather than buyer’s personal income.
Condo
Built in N/A
10,444 sqft 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: London Ross • Real People Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537407