26 Meadow RdPalos 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 Meadow Rd, Palos Park, IL, 60464 generates $6,348/mo in rent, after a $8,786/mo payment. Total monthly income is $6,348/mo. Return on cash invested sits at 7.78% in year one, and rental yield is 4.24% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 38.69% and total cumulative return in cash sums $225,037. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,348/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
1.00 Acres 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: Christine Wilczek • Realty Executives Elite
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12548811