20852 Greenwood DrOlympia 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
Investment property for sale in Olympia Fields at 20852 Greenwood Dr, Olympia Fields, IL, 60461 listed at $488,000 pairs $3,385/mo rent with a $2,389/mo payment. Total monthly income runs $3,385/mo. Return on cash invested measures 19.91% in year one, and rental yield registers 8.32% at a $488,000 basis. Equity gained on principal adds $3,149/yr, and annual property appreciation at 5% supports $134,825 by year five. Five-year ROI tracks 103.8% and total cumulative return in cash totals $167,924. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,385/mo property income relative to a $2,389/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.35 Acres 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: Tamika Thomas • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12406735