4042 W 89th PlHometownIL60456
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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 Hometown at 4042 W 89th Pl, Hometown, IL, 60456 generates $1,940/mo in rent and, after a $1,071/mo payment, leaves $422/mo in cash flow. Total monthly income is $1,940/mo, and annual cash flow is $5,065/yr on $72,565 invested. Return on cash invested sits at 26.89% in year one, and rental yield is 10.63% on a $218,900 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,478 over five years. Five-year ROI reaches 141.31% and total cumulative return in cash sums $102,542. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,940/mo property income rather than buyer’s personal income.
Multi Family
Built in 1951
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60456, Hometown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,378 (71.3%) |
| Renter Occupied HU | 472 (24.4%) |
| Vacant Housing Units | 84 ( 4.3%) |
| Median Home Value | $156,592 |
| Average Home Value | $164,323 |
Housing Distribution
Address Breakdown
Residential
1,891
Single Family
1,506
Multi-Family
385
Businesses
31
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