5016 W 23rd StCiceroIL60804
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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 Cicero at 5016 W 23rd St, Cicero, IL, 60804 uses $61,957 cash to close to unlock $6,041/yr annual cash flow and $503/mo monthly cash flow. Total monthly income runs $1,800/mo, and a $915/mo payment keeps the spread at $503/mo. Purchase price stands at $186,900, and rental yield measures 11.56% with $1,800/mo rent. Return on cash invested shows 29.66% in year one, and 5% annual appreciation builds toward $51,637 over five years. Five-year ROI reaches 156.16% and total cumulative return in cash records $96,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1909
3,781 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60804, Cicero, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,725 (100%) |
| Owner Occupied HU | 12,307 (47.8%) |
| Renter Occupied HU | 11,666 (45.3%) |
| Vacant Housing Units | 1,752 ( 6.8%) |
| Median Home Value | $252,901 |
| Average Home Value | $272,666 |
Housing Distribution
Address Breakdown
Residential
18,510
Single Family
15,203
Multi-Family
3,307
Businesses
1,216
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