9001 Major AveOak LawnIL60453
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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 Oak Lawn at 9001 Major Ave, Oak Lawn, IL, 60453 earns $12/mo cash flow from $2,162/mo rent with a $1,517/mo payment. Total monthly income totals $2,162/mo, and annual cash flow totals $145/yr on $102,765 capital. ROI tracks 20.05% on current figures, and rental yield reads 8.37% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 104.62% and total cumulative return in cash sums $107,515. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,162/mo property income instead of your personal income.
Single Family
Built in 1974
5,662 sqft lot
$N/A/sqft
No 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
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