6818 Joliet Rd APT 9Indian 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 6818 Joliet Rd APT 9, Indian Head Park, IL, 60525 uses $84,533 cash to close to unlock $8,428/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,248/mo payment keeps the spread at $702/mo. Purchase price stands at $255,000, and rental yield measures 11.63% with $2,471/mo rent. Return on cash invested shows 29.88% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 157.33% and total cumulative return in cash records $132,992. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Condo
Built in 1984
1.95 Acres 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: Kristiana Yordanova • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12536666