307 Osage StPark ForestIL60466
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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 Park Forest at 307 Osage St, Park Forest, IL, 60466 priced at $228,900 pairs $1,578/mo rent with after a $1,120/mo payment. Total monthly income equals $1,578/mo. Return on cash invested is 19.76% in year one, and rental yield stands at 8.27% on a $228,900 basis. Equity gained on principal adds $1,477/yr, and 5% annual appreciation accumulates to $63,241 by year five. Five-year ROI measures 103.04% and total cumulative return in cash reaches $78,189. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $1,120/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60466, Park Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,742 (100%) |
| Owner Occupied HU | 5,723 (58.7%) |
| Renter Occupied HU | 3,056 (31.4%) |
| Vacant Housing Units | 963 ( 9.9%) |
| Median Home Value | $105,193 |
| Average Home Value | $149,090 |
Housing Distribution
Address Breakdown
Residential
9,161
Single Family
8,386
Multi-Family
775
Businesses
316
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Listed by: Fareeha Mehkri • ARNI Realty Incorporated
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510261