615 Frances StPhoenixIL60426
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 Phoenix at 615 Frances St, Phoenix, IL, 60426 at $179,900 posts ROI 28.6% with $432/mo cash flow from $1,680/mo rent. Total monthly income equals $1,680/mo, and annual cash flow records $5,180/yr on $59,637 to close. Return on cash invested measures 28.6% and rental yield reads 11.21% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 150.45% and total cumulative return in cash totals $89,721.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60426, Harvey, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,227 (100%) |
| Owner Occupied HU | 4,732 (46.3%) |
| Renter Occupied HU | 3,799 (37.1%) |
| Vacant Housing Units | 1,696 (16.6%) |
| Median Home Value | $95,319 |
| Average Home Value | $144,620 |
Housing Distribution
Address Breakdown
Residential
8,363
Single Family
7,626
Multi-Family
737
Businesses
647
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