5825 109th StChicago RidgeIL60415
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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 Chicago Ridge at 5825 109th St, Chicago Ridge, IL, 60415 generates $2,977/mo in rent and, after a $1,542/mo payment, leaves $792/mo in cash flow. Total monthly income is $2,977/mo, and annual cash flow is $9,502/yr on $104,423 invested. Return on cash invested sits at 29.01% in year one, and rental yield is 11.34% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 152.62% and total cumulative return in cash sums $159,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,977/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60415, Chicago Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,877 (100%) |
| Owner Occupied HU | 2,916 (49.6%) |
| Renter Occupied HU | 2,640 (44.9%) |
| Vacant Housing Units | 321 ( 5.5%) |
| Median Home Value | $239,402 |
| Average Home Value | $294,268 |
Housing Distribution
Address Breakdown
Residential
5,819
Single Family
2,127
Multi-Family
3,692
Businesses
505
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Listed by: Maureen Grove • Select a Fee RE System
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541236