907 E 162nd PlSouth HollandIL60473
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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 South Holland at 907 E 162nd Pl, South Holland, IL, 60473 uses $82,544 cash to close to unlock $763/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $1,791/mo, and a $1,219/mo payment keeps the spread at $64/mo. Purchase price stands at $249,000, and rental yield measures 8.63% with $1,791/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash records $89,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,791/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1958
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60473, South Holland, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,434 (100%) |
| Owner Occupied HU | 6,386 (75.7%) |
| Renter Occupied HU | 1,568 (18.6%) |
| Vacant Housing Units | 480 ( 5.7%) |
| Median Home Value | $213,970 |
| Average Home Value | $230,422 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
7,658
Multi-Family
10
Businesses
922
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Listed by: Chere'se Williams • Chere'se L. Williams
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12401700