26 Laughry LnPalos ParkIL60464
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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
Rental property for sale in Palos Park at 26 Laughry Ln, Palos Park, IL, 60464 priced at $549,900 pairs $4,058/mo rent with $244/mo cash flow after a $2,691/mo payment. Total monthly income equals $4,058/mo, and annual cash flow comes to $2,931/yr on $180,917 invested. Return on cash invested is 21.68% in year one, and rental yield stands at 8.86% on a $549,900 basis. Equity gained on principal adds $3,548/yr, and 5% annual appreciation accumulates to $151,927 by year five. Five-year ROI measures 113.31% and total cumulative return in cash reaches $204,998. For financing, Ziffy Mortgage’s DSCR program evaluates $4,058/mo property income against a $2,691/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2001
3,567 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60464, Palos Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,432 (82.9%) |
| Renter Occupied HU | 420 (10.1%) |
| Vacant Housing Units | 289 ( 7.0%) |
| Median Home Value | $446,879 |
| Average Home Value | $505,444 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,279
Multi-Family
749
Businesses
197
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Listed by: Sharon Kubasak, ABR,CRB,CRS,GRI • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12392414