19002 Springfield AveFlossmoorIL60422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Flossmoor at 19002 Springfield Ave, Flossmoor, IL, 60422 generates $2,483/mo in rent and, after a $1,728/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,483/mo, and annual cash flow is $411/yr on $117,020 invested. Return on cash invested sits at 20.26% in year one, and rental yield is 8.44% on a $353,000 entry. Equity gained on principal adds $2,278/yr, while 5% annual appreciation builds toward $97,527 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash sums $123,728. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60422, Flossmoor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 3,240 (85.7%) |
| Renter Occupied HU | 344 ( 9.1%) |
| Vacant Housing Units | 198 ( 5.2%) |
| Median Home Value | $344,456 |
| Average Home Value | $372,738 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,420
Multi-Family
264
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices