353 Miami StPark ForestIL60466
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 Park Forest at 353 Miami St, Park Forest, IL, 60466 at $115,000 posts ROI 23.57% with $116/mo cash flow from $914/mo rent. Total monthly income equals $914/mo, and annual cash flow records $1,394/yr on $38,123 to close. Return on cash invested measures 23.57% and rental yield reads 9.54% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 123.54% and total cumulative return in cash totals $47,097.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $914/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,200 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: Emiko Pope • Keller Williams Preferred Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534829