7631 Chestnut DrOrland ParkIL60462
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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 Orland Park at 7631 Chestnut Dr, Orland Park, IL, 60462 listed at $469,900 pairs $2,913/mo rent with a $2,300/mo payment. Total monthly income runs $2,913/mo. Return on cash invested measures 17.24% in year one, and rental yield registers 7.44% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 89.52% and total cumulative return in cash totals $139,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,913/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
10,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60462, Orland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,742 (100%) |
| Owner Occupied HU | 13,635 (81.4%) |
| Renter Occupied HU | 2,401 (14.3%) |
| Vacant Housing Units | 706 ( 4.2%) |
| Median Home Value | $345,523 |
| Average Home Value | $375,558 |
Housing Distribution
Address Breakdown
Residential
16,503
Single Family
12,458
Multi-Family
4,045
Businesses
1,643
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Listed by: Stephen Harris • RE/MAX 1st Service
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12526920