2720 W 97th StEvergreen ParkIL60805
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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 Evergreen Park at 2720 W 97th St, Evergreen Park, IL, 60805 uses $122,622 cash to close to unlock $6,825/yr annual cash flow and $569/mo monthly cash flow. Total monthly income runs $3,134/mo, and a $1,810/mo payment keeps the spread at $569/mo. Purchase price stands at $369,900, and rental yield measures 10.17% with $3,134/mo rent. Return on cash invested shows 25.48% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 133.67% and total cumulative return in cash records $163,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,134/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1941
9,225 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
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Listed by: Gustavo Ruvalcaba • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541770