18606 Loras CtCountry Club HillsIL60478
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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 Country Club Hills at 18606 Loras Ct, Country Club Hills, IL, 60478 generates $2,120/mo in rent and, after a $1,463/mo payment, leaves $47/mo in cash flow. Total monthly income is $2,120/mo, and annual cash flow is $558/yr on $99,119 invested. Return on cash invested sits at 20.47% in year one, and rental yield is 8.51% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 106.85% and total cumulative return in cash sums $105,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60478, Country Club Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,139 (100%) |
| Owner Occupied HU | 4,129 (67.3%) |
| Renter Occupied HU | 1,574 (25.6%) |
| Vacant Housing Units | 436 ( 7.1%) |
| Median Home Value | $191,335 |
| Average Home Value | $229,683 |
Housing Distribution
Address Breakdown
Residential
6,037
Single Family
5,627
Multi-Family
410
Businesses
302
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Listed by: Michelle Ward • Coldwell Banker Real Estate Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12409731