6743 S Pointe Dr UNIT 1CTinley 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
Rental property for sale in Tinley Park at 6743 S Pointe Dr UNIT 1C, Tinley Park, IL, 60477 generates $2,160/mo in rent and, after a $1,282/mo payment, leaves $343/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $4,117/yr on $86,853 invested. Return on cash invested sits at 24.65% in year one, and rental yield is 9.89% on a $262,000 entry. Equity gained on principal adds $1,691/yr, while 5% annual appreciation builds toward $72,386 over five years. Five-year ROI reaches 129.31% and total cumulative return in cash sums $112,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Condo
Built in 2003
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: Mike Koleilat • Crosstown Realtors, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12390889