3015 140th PlBlue IslandIL60406
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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 Blue Island at 3015 140th Pl, Blue Island, IL, 60406 offers a 6.43% rental yield on a $289,900 purchase with $1,554/mo rent. 2% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 73.27% and total cumulative return in cash at $70,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60406, Blue Island, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,881 (100%) |
| Owner Occupied HU | 4,492 (45.5%) |
| Renter Occupied HU | 4,125 (41.7%) |
| Vacant Housing Units | 1,264 (12.8%) |
| Median Home Value | $174,880 |
| Average Home Value | $200,210 |
Housing Distribution
Address Breakdown
Residential
8,468
Single Family
6,668
Multi-Family
1,800
Businesses
608
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Listed by: Mike Koleilat • Crosstown Realtors, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12551389