865 E 22nd St APT 124LombardIL60148
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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 Lombard at 865 E 22nd St APT 124, Lombard, IL, 60148 offers a 11.8% rental yield on a $263,800 purchase with $2,593/mo rent. Total monthly income registers $2,593/mo, and a $1,291/mo payment leaves $310/mo available for distribution. Annual cash flow reaches $3,725/yr on $87,450 to close, and return on cash invested stands at 24.17% in year one. Equity gained on principal adds $1,702/yr while 5% annual appreciation supports $72,883 over five years. Portfolio math shows five-year ROI at 128.96% and total cumulative return in cash at $112,775. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,593/mo property income against a $1,291/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
5.87 Acres lot
$N/A/sqft
$453 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60148, Lombard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,872 (100%) |
| Owner Occupied HU | 15,176 (66.4%) |
| Renter Occupied HU | 6,456 (28.2%) |
| Vacant Housing Units | 1,240 ( 5.4%) |
| Median Home Value | $357,055 |
| Average Home Value | $390,991 |
Housing Distribution
Address Breakdown
Residential
22,434
Single Family
15,389
Multi-Family
7,045
Businesses
2,092
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