6810 Joliet Rd APT 5Indian Head ParkIL60525
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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 Indian Head Park at 6810 Joliet Rd APT 5, Indian Head Park, IL, 60525 listed at $199,999 pairs $1,522/mo rent with a $979/mo payment to leave $135/mo cash flow. Total monthly income runs $1,522/mo, and annual cash flow reaches $1,616/yr on $66,300 cash to close. Return on cash invested measures 22.35% in year one, and rental yield registers 9.13% at a $199,999 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 116.9% and total cumulative return in cash totals $77,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,522/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60525, La Grange, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,466 (100%) |
| Owner Occupied HU | 9,822 (72.9%) |
| Renter Occupied HU | 2,517 (18.7%) |
| Vacant Housing Units | 1,127 ( 8.4%) |
| Median Home Value | $439,538 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,997
Multi-Family
3,151
Businesses
1,523
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Listed by: Bonnie Hampton, ABR,CNC,CRB,CRS,E-PRO,GRI,SFR • Berkshire Hathaway HomeServices Starck Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12495860