770 Sibley BlvdCalumet CityIL60409
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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 Calumet City at 770 Sibley Blvd, Calumet City, IL, 60409 uses $87,350 cash to close to unlock $624/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $1,880/mo, and a $1,290/mo payment keeps the spread at $52/mo. Purchase price stands at $263,500, and rental yield measures 8.56% with $1,880/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $72,800 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash records $94,080. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,880/mo property income covering a $1,290/mo payment rather than investor’s personal income.
Single Family
Built in 1999
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60409, Calumet City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,591 (100%) |
| Owner Occupied HU | 7,702 (49.4%) |
| Renter Occupied HU | 6,094 (39.1%) |
| Vacant Housing Units | 1,795 (11.5%) |
| Median Home Value | $144,203 |
| Average Home Value | $224,136 |
Housing Distribution
Address Breakdown
Residential
14,273
Single Family
9,904
Multi-Family
4,369
Businesses
874
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Listed by: Myrtis Betton • C T K Realty INC.
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12513045