7010 W 110th St UNIT 6WorthIL60482
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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 Worth at 7010 W 110th St UNIT 6, Worth, IL, 60482 offers a 9.06% rental yield on a $118,000 purchase with $891/mo rent. Total monthly income registers $891/mo, and a $578/mo payment leaves $72/mo available for distribution. Annual cash flow reaches $865/yr on $39,117 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 115.78% and total cumulative return in cash at $45,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $891/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60482, Worth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,619 (100%) |
| Owner Occupied HU | 2,987 (64.7%) |
| Renter Occupied HU | 1,414 (30.6%) |
| Vacant Housing Units | 218 ( 4.7%) |
| Median Home Value | $239,799 |
| Average Home Value | $241,460 |
Housing Distribution
Address Breakdown
Residential
4,613
Single Family
2,996
Multi-Family
1,617
Businesses
381
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