3638 213th StMattesonIL60443
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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 Matteson at 3638 213th St, Matteson, IL, 60443 generates $1,271/mo in rent and, after a $808/mo payment, leaves $126/mo in cash flow. Total monthly income is $1,271/mo, and annual cash flow is $1,513/yr on $54,698 invested. Return on cash invested sits at 22.68% in year one, and rental yield is 9.24% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 118.75% and total cumulative return in cash sums $64,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,271/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
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