829 Princeton AveMattesonIL60443
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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 Matteson at 829 Princeton Ave, Matteson, IL, 60443 earns $134/mo cash flow from $1,438/mo rent with a $920/mo payment. Total monthly income totals $1,438/mo, and annual cash flow totals $1,610/yr on $62,322 capital. ROI tracks 22.49% on current figures, and rental yield reads 9.18% at a $188,000 purchase. Equity gained on principal adds $1,213/yr, and 5% annual appreciation supports $51,941 over five years. Five-year ROI reaches 117.72% and total cumulative return in cash sums $73,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,438/mo property income instead of your personal income.
Single Family
Built in 1962
7,540 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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