310 155th PlCalumet CityIL60409
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 Calumet City at 310 155th Pl, Calumet City, IL, 60409 offers a 9.3% rental yield on a $173,000 purchase with $1,341/mo rent. Total monthly income registers $1,341/mo, and a $847/mo payment leaves $141/mo available for distribution. Annual cash flow reaches $1,689/yr on $57,350 to close, and return on cash invested stands at 22.85% in year one. Equity gained on principal adds $1,116/yr while 5% annual appreciation supports $47,797 over five years. Portfolio math shows five-year ROI at 119.65% and total cumulative return in cash at $68,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,341/mo property income against a $847/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
2,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60409, Calumet City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,702 (49.4%) |
| Renter Occupied HU | 6,094 (39.1%) |
| Vacant Housing Units | 1,795 (11.5%) |
| Median Home Value | $144,203 |
| Average Home Value | $224,136 |
Housing Distribution
Address Breakdown
Residential
14,273
Single Family
9,904
Multi-Family
4,369
Businesses
874
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Scanlon • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12512307