3902 W Claire BlvdMidlothianIL60445
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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 Midlothian at 3902 W Claire Blvd, Midlothian, IL, 60445 generates $1,354/mo in rent and, after a $832/mo payment, leaves $175/mo in cash flow. Total monthly income is $1,354/mo, and annual cash flow is $2,101/yr on $56,322 invested. Return on cash invested sits at 23.64% in year one, and rental yield is 9.56% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 123.9% and total cumulative return in cash sums $69,782. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,354/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60445, Midlothian, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 4,082 (71.7%) |
| Renter Occupied HU | 1,262 (22.2%) |
| Vacant Housing Units | 351 ( 6.2%) |
| Median Home Value | $225,228 |
| Average Home Value | $258,096 |
Housing Distribution
Address Breakdown
Residential
5,464
Single Family
4,582
Multi-Family
882
Businesses
324
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Listed by: Carol Treace • Arrow Enterprises INC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12523160