8950 S 85th CtHickory 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
Rental property for sale in Hickory Hills at 8950 S 85th Ct, Hickory Hills, IL, 60457 generates $2,519/mo in rent and, after a $1,712/mo payment, leaves $93/mo in cash flow. Total monthly income is $2,519/mo, and annual cash flow is $1,112/yr on $115,983 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 8.64% on a $349,873 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,663 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash sums $126,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,519/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
N/A 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: Thomas Domasik • RE/MAX 10 in the Park
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532741