3754 W 120th St APT 2DAlsipIL60803
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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 Alsip at 3754 W 120th St APT 2D, Alsip, IL, 60803 uses $39,747 cash to close to unlock $926/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $909/mo, and a $587/mo payment keeps the spread at $77/mo. Purchase price stands at $119,900, and rental yield measures 9.1% with $909/mo rent. Return on cash invested shows 22.24% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 116.45% and total cumulative return in cash records $46,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $909/mo property income covering a $587/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60803, Alsip, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,906 (100%) |
| Owner Occupied HU | 6,118 (61.8%) |
| Renter Occupied HU | 3,266 (33.0%) |
| Vacant Housing Units | 522 ( 5.3%) |
| Median Home Value | $229,111 |
| Average Home Value | $231,639 |
Housing Distribution
Address Breakdown
Residential
9,201
Single Family
5,739
Multi-Family
3,462
Businesses
810
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