9160 S 88th 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 9160 S 88th Ct, Hickory Hills, IL, 60457 generates $2,363/mo in rent, after a $1,689/mo payment. Total monthly income is $2,363/mo. Return on cash invested sits at 19.59% in year one, and rental yield is 8.22% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 102.13% and total cumulative return in cash sums $116,800. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,363/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
3,567 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: Gabriel Gomez • Signature Realty Group LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12411972