4818 W 122nd St APT 3WAlsipIL60803
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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 Alsip at 4818 W 122nd St APT 3W, Alsip, IL, 60803 generates $1,402/mo in rent and, after a $878/mo payment, leaves $158/mo in cash flow. Total monthly income is $1,402/mo, and annual cash flow is $1,893/yr on $59,471 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 9.38% on a $179,399 entry. Equity gained on principal adds $1,158/yr, while 5% annual appreciation builds toward $49,565 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash sums $71,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,402/mo property income rather than buyer’s personal income.
Condo
Built in 1982
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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