5008 W 122nd St APT 1AAlsipIL60803
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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 Alsip at 5008 W 122nd St APT 1A, Alsip, IL, 60803 uses $62,985 cash to close to unlock $1,897/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $1,476/mo, and a $930/mo payment keeps the spread at $158/mo. Purchase price stands at $190,000, and rental yield measures 9.32% with $1,476/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash records $75,612. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,476/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1979
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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