8712 Mobile Ave APT BOak LawnIL60453
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
Investment property for sale in Oak Lawn at 8712 Mobile Ave APT B, Oak Lawn, IL, 60453 earns $708/mo cash flow from $2,192/mo rent with a $857/mo payment. Total monthly income totals $2,192/mo, and annual cash flow totals $8,493/yr on $58,013 capital. ROI tracks 34.55% on current figures, and rental yield reads 15.03% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 184.36% and total cumulative return in cash sums $106,951. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,192/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
$224 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60453, Oak Lawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,136 (100%) |
| Owner Occupied HU | 17,786 (76.9%) |
| Renter Occupied HU | 4,209 (18.2%) |
| Vacant Housing Units | 1,141 ( 4.9%) |
| Median Home Value | $290,812 |
| Average Home Value | $300,700 |
Housing Distribution
Address Breakdown
Residential
23,037
Single Family
15,931
Multi-Family
7,106
Businesses
1,260
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Gillian Thorsen • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12506959
Disclaimer: Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)