6810 Ridge Point Dr UNIT 1BOak ForestIL60452
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Nearby investment properties with comparable prices
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 Oak Forest at 6810 Ridge Point Dr UNIT 1B, Oak Forest, IL, 60452 earns $582/mo cash flow from $2,429/mo rent with a $1,150/mo payment. Total monthly income totals $2,429/mo, and annual cash flow totals $6,986/yr on $77,903 capital. ROI tracks 28.88% on current figures, and rental yield reads 12.4% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 153.17% and total cumulative return in cash sums $119,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,429/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$217 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60452, Oak Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,565 (100%) |
| Owner Occupied HU | 8,125 (76.9%) |
| Renter Occupied HU | 2,048 (19.4%) |
| Vacant Housing Units | 392 ( 3.7%) |
| Median Home Value | $264,291 |
| Average Home Value | $278,933 |
Housing Distribution
Address Breakdown
Residential
10,358
Single Family
8,335
Multi-Family
2,023
Businesses
549
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Listed by: Joanna Bruno • Listing Leaders Northwest, Inc
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12452802
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)