2 Cinnamon Creek Dr #2-SPalos HillsIL60465
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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 Palos Hills at 2 Cinnamon Creek Dr #2-S, Palos Hills, IL, 60465 priced at $189,900 pairs $1,461/mo rent with $144/mo cash flow after a $929/mo payment. Total monthly income equals $1,461/mo, and annual cash flow comes to $1,731/yr on $62,952 invested. Return on cash invested is 22.66% in year one, and rental yield stands at 9.23% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 118.63% and total cumulative return in cash reaches $74,681. For financing, Ziffy Mortgage’s DSCR program evaluates $1,461/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60465, Palos Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,724 (100%) |
| Owner Occupied HU | 5,615 (72.7%) |
| Renter Occupied HU | 1,732 (22.4%) |
| Vacant Housing Units | 377 ( 4.9%) |
| Median Home Value | $302,679 |
| Average Home Value | $305,512 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
4,246
Multi-Family
3,307
Businesses
416
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Listed by: Molly Mann • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12557511