8900 W 93rd StHickory HillsIL60457
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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 Hickory Hills at 8900 W 93rd St, Hickory Hills, IL, 60457 earns $496/mo cash flow from $3,264/mo rent with a $1,953/mo payment. Total monthly income totals $3,264/mo, and annual cash flow totals $5,956/yr on $132,269 capital. ROI tracks 24.41% on current figures, and rental yield reads 9.82% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 127.99% and total cumulative return in cash sums $169,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,264/mo property income instead of your personal income.
Single Family
Built in 1968
8,694 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
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Listed by: Mark Chereso, ABR,SRES • Gateway Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12468847