6820 Joliet Rd APT 7Indian 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 6820 Joliet Rd APT 7, Indian Head Park, IL, 60525 earns from $1,655/mo rent with a $1,150/mo payment. Total monthly income totals $1,655/mo. ROI tracks 15.44% on current figures, and rental yield reads 8.45% 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 81.69% and total cumulative return in cash sums $63,640. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,655/mo property income instead of your personal income.
Condo
Built in 1984
1.95 Acres lot
$N/A/sqft
$315 monthly 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: N/A • N/A
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