8700 S Utica AveEvergreen ParkIL60805
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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
Rental property for sale in Evergreen Park at 8700 S Utica Ave, Evergreen Park, IL, 60805 generates $3,035/mo in rent and, after a $809/mo payment, leaves $1,889/mo in cash flow. Total monthly income is $3,035/mo, and annual cash flow is $22,665/yr on $54,764 invested. Return on cash invested sits at 61.3% in year one, and rental yield is 22.05% on a $165,200 entry. Equity gained on principal adds $1,066/yr, while 5% annual appreciation builds toward $45,642 over five years. Five-year ROI reaches 325.77% and total cumulative return in cash sums $178,406. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,035/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
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Listed by: N/A • N/A
Mls Name: EXIT Realty broker feed
Mls ID: #12171288