3706 Chicago RdStegerIL60475
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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 Steger at 3706 Chicago Rd, Steger, IL, 60475 offers a 10.25% rental yield on a $210,000 purchase with $1,794/mo rent. Total monthly income registers $1,794/mo, and a $1,028/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,047/yr on $69,615 to close, and return on cash invested stands at 25.72% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 135.06% and total cumulative return in cash at $94,024. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1960
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60475, Steger, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 2,467 (54.3%) |
| Renter Occupied HU | 1,684 (37.1%) |
| Vacant Housing Units | 390 ( 8.6%) |
| Median Home Value | $159,193 |
| Average Home Value | $265,384 |
Housing Distribution
Address Breakdown
Residential
4,166
Single Family
3,479
Multi-Family
687
Businesses
282
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