22509 Pleasant Dr APT 1Richton 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 22509 Pleasant Dr APT 1, Richton Park, IL, 60471 offers a 9.47% rental yield on a $135,000 purchase with $1,065/mo rent. Total monthly income registers $1,065/mo, and a $661/mo payment leaves $128/mo available for distribution. Annual cash flow reaches $1,540/yr on $44,753 to close, and return on cash invested stands at 23.35% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 122.35% and total cumulative return in cash at $54,757. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,065/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
N/A 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: Dana Shannon • 26.2 Realty, Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12522668