3108 S 53rd AveCiceroIL60804
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 Cicero at 3108 S 53rd Ave, Cicero, IL, 60804 offers a 6.52% rental yield on a $350,000 purchase with $1,903/mo rent. 48% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 74.76% and total cumulative return in cash at $86,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,903/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1911
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices