2650 Central Dr APT GSFlossmoorIL60422
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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 Flossmoor at 2650 Central Dr APT GS, Flossmoor, IL, 60422 offers a 9.5% rental yield on a $159,000 purchase with $1,259/mo rent. Total monthly income registers $1,259/mo, and a $778/mo payment leaves $156/mo available for distribution. Annual cash flow reaches $1,876/yr on $52,709 to close, and return on cash invested stands at 23.47% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 122.99% and total cumulative return in cash at $64,824. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,259/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1959
N/A lot
$N/A/sqft
No 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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