7420 W 111th St APT 501WorthIL60482
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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 7420 W 111th St APT 501, Worth, IL, 60482 listed at $115,000 pairs $896/mo rent with a $563/mo payment to leave $98/mo cash flow. Total monthly income runs $896/mo, and annual cash flow reaches $1,178/yr on $38,123 cash to close. Return on cash invested measures 23% in year one, and rental yield registers 9.35% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 120.49% and total cumulative return in cash totals $45,933. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $896/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1961
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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