6500 163rd PlTinley ParkIL60477
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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 Tinley Park at 6500 163rd Pl, Tinley Park, IL, 60477 listed at $288,500 pairs $2,036/mo rent with a $1,412/mo payment to leave $35/mo cash flow. Total monthly income runs $2,036/mo, and annual cash flow reaches $420/yr on $95,638 cash to close. Return on cash invested measures 20.35% in year one, and rental yield registers 8.47% at a $288,500 basis. Equity gained on principal adds $1,862/yr, and annual property appreciation at 5% supports $79,707 by year five. Five-year ROI tracks 106.15% and total cumulative return in cash totals $101,521. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,036/mo property income relative to a $1,412/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60477, Tinley Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,320 (100%) |
| Owner Occupied HU | 12,536 (76.8%) |
| Renter Occupied HU | 2,989 (18.3%) |
| Vacant Housing Units | 795 ( 4.9%) |
| Median Home Value | $285,063 |
| Average Home Value | $313,982 |
Housing Distribution
Address Breakdown
Residential
16,102
Single Family
11,467
Multi-Family
4,635
Businesses
1,124
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Listed by: Susan Miller, ABR,GRI,SRS • Ravinia Realty & Mgmt LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544785