7212 Jackson Blvd #2EForest ParkIL60130
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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 Forest Park at 7212 Jackson Blvd #2E, Forest Park, IL, 60130 uses $53,007 cash to close to unlock $5,046/yr annual cash flow and $421/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $783/mo payment keeps the spread at $421/mo. Purchase price stands at $159,900, and rental yield measures 11.48% with $1,530/mo rent. Return on cash invested shows 29.43% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 154.93% and total cumulative return in cash records $82,122. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1929
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60130, Forest Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 3,698 (45.3%) |
| Renter Occupied HU | 3,811 (46.7%) |
| Vacant Housing Units | 646 ( 7.9%) |
| Median Home Value | $348,058 |
| Average Home Value | $382,950 |
Housing Distribution
Address Breakdown
Residential
7,730
Single Family
3,523
Multi-Family
4,207
Businesses
567
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Listed by: Jeffrey Steinberg • Beaulieu Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534509