8651 Kean AveHickory HillsIL60457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Hickory Hills at 8651 Kean Ave, Hickory Hills, IL, 60457 priced at $309,900 converts $1,935/mo rent into after a $1,517/mo obligation. Total monthly income equals $1,935/mo. Return on cash invested prints 17.4% in year one, and rental yield reads 7.49% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 90.4% and total cumulative return in cash sums $92,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,935/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1972
7,962 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lucy Mierop • RE/MAX Market
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12350440
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)