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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Matteson at 6613 Old Plank Blvd, Matteson, IL, 60443 offers a 10.8% rental yield on a $320,000 purchase with $2,880/mo rent. Total monthly income registers $2,880/mo, and a $1,566/mo payment leaves $661/mo available for distribution. Annual cash flow reaches $7,928/yr on $106,080 to close, and return on cash invested stands at 27.38% in year one. Equity gained on principal adds $2,065/yr while 5% annual appreciation supports $88,410 over five years. Portfolio math shows five-year ROI at 143.91% and total cumulative return in cash at $152,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,400 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
| 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 |
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Christy Clayborn • Equitable Investment Group Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12455333
