7218 W 83rd StBridgeviewIL60455
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Nearby investment properties with comparable prices
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
Rental property for sale in Bridgeview at 7218 W 83rd St, Bridgeview, IL, 60455 generates $3,360/mo in rent and, after a $1,395/mo payment, leaves $1,323/mo in cash flow. Total monthly income is $3,360/mo, and annual cash flow is $15,877/yr on $94,478 invested. Return on cash invested sits at 36.71% in year one, and rental yield is 14.15% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 194.26% and total cumulative return in cash sums $183,534. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,360/mo property income rather than buyer’s personal income.
Townhouse
Built in 2013
784.08 sqft lot
$N/A/sqft
$60 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Nha Le • Century 21 Circle
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12095177
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)