485 164th StCalumet CityIL60409
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Calumet City at 485 164th St, Calumet City, IL, 60409 earns from $1,449/mo rent with a $1,028/mo payment. Total monthly income totals $1,449/mo. ROI tracks 19.78% on current figures, and rental yield reads 8.28% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 103.17% and total cumulative return in cash sums $71,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,449/mo property income instead of your personal income.
Single Family
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60409, Calumet City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,702 (49.4%) |
| Renter Occupied HU | 6,094 (39.1%) |
| Vacant Housing Units | 1,795 (11.5%) |
| Median Home Value | $144,203 |
| Average Home Value | $224,136 |
Housing Distribution
Address Breakdown
Residential
14,273
Single Family
9,904
Multi-Family
4,369
Businesses
874
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Metz • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12409337