4741 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
Investment property for sale in Hometown at 4741 W 89th Pl, Hometown, IL, 60456 uses $71,239 cash to close to unlock $9,591/yr annual cash flow and $799/mo monthly cash flow. Total monthly income runs $2,290/mo, and a $1,052/mo payment keeps the spread at $799/mo. Purchase price stands at $214,900, and rental yield measures 12.79% with $2,290/mo rent. Return on cash invested shows 33.37% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 176.07% and total cumulative return in cash records $125,430. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,290/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
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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