2634 Central DrFlossmoorIL60422
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Flossmoor at 2634 Central Dr, Flossmoor, IL, 60422 at $125,000 posts ROI 81.56% with $2,129/mo cash flow from $3,394/mo rent. Total monthly income equals $3,394/mo, and annual cash flow records $25,545/yr on $41,438 to close. Return on cash invested measures 81.56% and rental yield reads 32.58% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 438.63% and total cumulative return in cash totals $181,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1960
N/A lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60422, Flossmoor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 3,240 (85.7%) |
| Renter Occupied HU | 344 ( 9.1%) |
| Vacant Housing Units | 198 ( 5.2%) |
| Median Home Value | $344,456 |
| Average Home Value | $372,738 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,420
Multi-Family
264
Businesses
444
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Nearby investment properties with comparable prices
Listed by: Dawn Robinson • Charles Rutenberg Realty of IL
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12107877
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)