20717 Sparta CtOlympia FieldsIL60461
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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
Total monthly income runs $2,321/mo, and a $1,664/mo payment. Purchase price stands at $340,000, and rental yield measures 8.19% with $2,321/mo rent. Return on cash invested shows 19.51% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 101.68% and total cumulative return in cash records $114,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,321/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60461, Olympia Fields, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,518 (78.0%) |
| Renter Occupied HU | 235 (12.1%) |
| Vacant Housing Units | 193 ( 9.9%) |
| Median Home Value | $305,670 |
| Average Home Value | $332,314 |
Housing Distribution
Address Breakdown
Residential
1,997
Single Family
1,801
Multi-Family
196
Businesses
283
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Listed by: Vipin Gulati, GRI • RE/MAX Professionals Select
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12441669