202 Owen StMattesonIL60443
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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
Investment property for sale in Matteson at 202 Owen St, Matteson, IL, 60443 uses $91,163 cash to close to unlock $786/yr annual cash flow and $66/mo monthly cash flow. Total monthly income runs $1,973/mo, and a $1,346/mo payment keeps the spread at $66/mo. Purchase price stands at $275,000, and rental yield measures 8.61% with $1,973/mo rent. Return on cash invested shows 20.77% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 108.48% and total cumulative return in cash records $98,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,973/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Townhouse
Built in 2016
1,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
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