3521 Park PlHomewoodIL60422
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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 Homewood at 3521 Park Pl, Homewood, IL, 60422 listed at $289,999 pairs $2,023/mo rent with a $1,419/mo payment to leave $12/mo cash flow. Total monthly income runs $2,023/mo, and annual cash flow reaches $143/yr on $96,135 cash to close. Return on cash invested measures 20.06% in year one, and rental yield registers 8.37% at a $289,999 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,121 by year five. Five-year ROI tracks 104.61% and total cumulative return in cash totals $100,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,023/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1998
2,794 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60422, Flossmoor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,782 (100%) |
| Owner Occupied HU | 3,240 (85.7%) |
| Renter Occupied HU | 344 ( 9.1%) |
| Vacant Housing Units | 198 ( 5.2%) |
| Median Home Value | $344,456 |
| Average Home Value | $372,738 |
Housing Distribution
Address Breakdown
Residential
3,684
Single Family
3,420
Multi-Family
264
Businesses
444
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