9109 W 123rd StPalos ParkIL60464
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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 Palos Park at 9109 W 123rd St, Palos Park, IL, 60464 listed at $574,900 pairs $5,068/mo rent with a $2,814/mo payment to leave $1,080/mo cash flow. Total monthly income runs $5,068/mo, and annual cash flow reaches $12,963/yr on $189,142 cash to close. Return on cash invested measures 26.91% in year one, and rental yield registers 10.58% at a $574,900 basis. Equity gained on principal adds $3,710/yr, and annual property appreciation at 5% supports $158,834 by year five. Five-year ROI tracks 141.37% and total cumulative return in cash totals $267,399. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,068/mo property income relative to a $2,814/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60464, Palos Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,432 (82.9%) |
| Renter Occupied HU | 420 (10.1%) |
| Vacant Housing Units | 289 ( 7.0%) |
| Median Home Value | $446,879 |
| Average Home Value | $505,444 |
Housing Distribution
Address Breakdown
Residential
4,028
Single Family
3,279
Multi-Family
749
Businesses
197
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Listed by: David Faxel • NextHome Select Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12379273