7212 Jackson Blvd N #3EForest 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 N #3E, Forest Park, IL, 60130 uses $45,581 cash to close to unlock $1,215/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $1,055/mo, and a $673/mo payment keeps the spread at $101/mo. Purchase price stands at $137,500, and rental yield measures 9.21% with $1,055/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash records $53,885. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,055/mo property income covering a $673/mo payment rather than investor’s personal income.
Condo
Built in N/A
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: Suzanne Niersbach • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12462443