749 Old Farm RdMattesonIL60443
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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 Matteson at 749 Old Farm Rd, Matteson, IL, 60443 priced at $254,000 converts $1,750/mo rent into after a $1,243/mo obligation. Total monthly income equals $1,750/mo. Return on cash invested prints 19.74% in year one, and rental yield reads 8.27% against a $254,000 entry. Equity gained on principal adds $1,639/yr, while 5% annual appreciation compiles into $70,176 by year five. Five-year ROI reaches 102.96% and total cumulative return in cash sums $86,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,750/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Single Family
Built in 1987
10,527 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
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