2 Cour MassonPalos HillsIL60465
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 Palos Hills at 2 Cour Masson, Palos Hills, IL, 60465 priced at $310,000 converts $2,694/mo rent into $544/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,694/mo, and annual cash flow totals $6,529/yr on $102,765 invested. Return on cash invested prints 26.26% in year one, and rental yield reads 10.43% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 137.93% and total cumulative return in cash sums $141,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,694/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1973
1,240 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lidija Tabanov • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550783