5646 Fernwood CtMattesonIL60443
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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 Matteson at 5646 Fernwood Ct, Matteson, IL, 60443 with 5% annual appreciation on a $281,300 basis while $3,666/mo rent supports operations. Total monthly income totals $3,666/mo and a $1,377/mo payment preserves $1,599/mo for cash returns. Annual cash flow comes to $19,189/yr on $93,251 deployed, and return on cash invested reaches 40.49% in year one. Equity gained on principal adds $1,815/yr, and five-year appreciation sums $77,718 alongside rental yield of 15.64%. Five-year ROI measures 214.76% and total cumulative return in cash totals $200,265.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,666/mo property income versus a $1,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
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