6237 W 94th St APT 3SOak LawnIL60453
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 Oak Lawn at 6237 W 94th St APT 3S, Oak Lawn, IL, 60453 earns $91/mo cash flow from $1,028/mo rent with a $661/mo payment. Total monthly income totals $1,028/mo, and annual cash flow totals $1,096/yr on $44,753 capital. ROI tracks 22.36% on current figures, and rental yield reads 9.14% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash sums $52,381. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,028/mo property income instead of your personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60453, Oak Lawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,136 (100%) |
| Owner Occupied HU | 17,786 (76.9%) |
| Renter Occupied HU | 4,209 (18.2%) |
| Vacant Housing Units | 1,141 ( 4.9%) |
| Median Home Value | $290,812 |
| Average Home Value | $300,700 |
Housing Distribution
Address Breakdown
Residential
23,037
Single Family
15,931
Multi-Family
7,106
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices