3751 Stella BlvdStegerIL60475
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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 3751 Stella Blvd, Steger, IL, 60475 uses $91,129 cash to close to unlock $3,393/yr annual cash flow and $283/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,346/mo payment keeps the spread at $283/mo. Purchase price stands at $274,900, and rental yield measures 9.56% with $2,189/mo rent. Return on cash invested shows 23.63% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 123.8% and total cumulative return in cash records $112,815. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1929
7,957 sqft 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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