8480 W 103rd Ter #301Palos HillsIL60465
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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 Palos Hills at 8480 W 103rd Ter #301, Palos Hills, IL, 60465 uses $59,637 cash to close to unlock $1,844/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $1,402/mo, and a $881/mo payment keeps the spread at $154/mo. Purchase price stands at $179,900, and rental yield measures 9.35% with $1,402/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash records $71,817. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,402/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60465, Palos Hills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,724 (100%) |
| Owner Occupied HU | 5,615 (72.7%) |
| Renter Occupied HU | 1,732 (22.4%) |
| Vacant Housing Units | 377 ( 4.9%) |
| Median Home Value | $302,679 |
| Average Home Value | $305,512 |
Housing Distribution
Address Breakdown
Residential
7,553
Single Family
4,246
Multi-Family
3,307
Businesses
416
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Listed by: Djuja Pucar • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12518035