1841 S 61st CtCiceroIL60804
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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 Cicero at 1841 S 61st Ct, Cicero, IL, 60804 generates $2,407/mo in rent, after a $2,521/mo payment. Total monthly income is $2,407/mo. Return on cash invested sits at 11.81% in year one, and rental yield is 5.61% on a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 60.35% and total cumulative return in cash sums $102,253. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Multi Family
Built in 1961
4,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
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