22121 Karlov AveRichton ParkIL60471
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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 Richton Park at 22121 Karlov Ave, Richton Park, IL, 60471 uses $49,692 cash to close to unlock $1,703/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $1,182/mo, and a $734/mo payment keeps the spread at $142/mo. Purchase price stands at $149,900, and rental yield measures 9.46% with $1,182/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash records $60,719. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,182/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1967
7,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60471, Richton Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 2,924 (53.1%) |
| Renter Occupied HU | 2,140 (38.9%) |
| Vacant Housing Units | 438 ( 8.0%) |
| Median Home Value | $221,275 |
| Average Home Value | $228,314 |
Housing Distribution
Address Breakdown
Residential
5,076
Single Family
3,766
Multi-Family
1,310
Businesses
211
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Listed by: Thomas Vitello • VSD Real Estate LTD
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12365722