7307 W College DrPalos HeightsIL60463
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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
Rental property for sale in Palos Heights at 7307 W College Dr, Palos Heights, IL, 60463 generates $3,656/mo in rent and, after a $1,860/mo payment, leaves $1,020/mo in cash flow. Total monthly income is $3,656/mo, and annual cash flow is $12,242/yr on $125,970 invested. Return on cash invested sits at 29.63% in year one, and rental yield is 11.55% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 155.95% and total cumulative return in cash sums $196,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,656/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.35 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lourdes Fernando • Keller Williams ONEChicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12537596