7932 W 93rd St APT 2AHickory HillsIL60457
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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 Hickory Hills at 7932 W 93rd St APT 2A, Hickory Hills, IL, 60457 uses $69,582 cash to close to unlock $2,693/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,027/mo payment keeps the spread at $224/mo. Purchase price stands at $209,900, and rental yield measures 9.6% with $1,680/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash records $86,720. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60457, Hickory Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,748 (70.4%) |
| Renter Occupied HU | 1,341 (25.2%) |
| Vacant Housing Units | 234 ( 4.4%) |
| Median Home Value | $306,589 |
| Average Home Value | $325,715 |
Housing Distribution
Address Breakdown
Residential
5,446
Single Family
3,518
Multi-Family
1,928
Businesses
348
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Listed by: Pablo Galarza • Century 21 New Beginnings
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550637