6840 179th StTinley 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
Investment property for sale in Tinley Park at 6840 179th St, Tinley Park, IL, 60477 earns $10/mo cash flow from $2,334/mo rent with a $1,640/mo payment. Total monthly income totals $2,334/mo, and annual cash flow totals $120/yr on $111,053 capital. ROI tracks 20.02% on current figures, and rental yield reads 8.36% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash sums $115,988. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,334/mo property income instead of your personal income.
Townhouse
Built in 1996
1,850 sqft 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: Julie Richa-Bushore • RE/MAX Suburban
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12434289