6724 181st St #1513Tinley 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 6724 181st St #1513, Tinley Park, IL, 60477 listed at $184,000 pairs $1,441/mo rent with a $901/mo payment to leave $164/mo cash flow. Total monthly income runs $1,441/mo, and annual cash flow reaches $1,972/yr on $60,996 cash to close. Return on cash invested measures 23.14% in year one, and rental yield registers 9.4% at a $184,000 basis. Equity gained on principal adds $1,187/yr, and annual property appreciation at 5% supports $50,836 by year five. Five-year ROI tracks 121.23% and total cumulative return in cash totals $73,945. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,441/mo property income relative to a $901/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A 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: Dimitris Mellos • James Group Properties LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12449519