22644 Lakeshore DrRichton 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 22644 Lakeshore Dr, Richton Park, IL, 60471 earns $129/mo cash flow from $1,169/mo rent with a $734/mo payment. Total monthly income totals $1,169/mo, and annual cash flow totals $1,545/yr on $49,725 capital. ROI tracks 23.02% on current figures, and rental yield reads 9.35% at a $149,999 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 120.48% and total cumulative return in cash sums $59,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,169/mo property income instead of your personal income.
Single Family
Built in 1972
7,800 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: Cherise Baggett • Keller Williams Experience
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12418891