8697 W 111th St APT 2D, Palos Hills, IL, 60465 | $5/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Palos Hills at 8697 W 111th St APT 2D, Palos Hills, IL, 60465 offers a 8.35% rental yield on a $260,000 purchase with $1,809/mo rent. Total monthly income registers $1,809/mo, and a $1,273/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $62/yr on $86,190 to close, and return on cash invested stands at 19.98% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 104.26% and total cumulative return in cash at $89,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,809/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1994

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