9322 S 83rd 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 9322 S 83rd Ct, Hickory Hills, IL, 60457 generates $4,589/mo in rent, after a $3,666/mo payment. Total monthly income is $4,589/mo. Return on cash invested sits at 17.11% in year one, and rental yield is 7.35% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 88.78% and total cumulative return in cash sums $218,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,589/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
9,686 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: Vanessa Carlson • iRealty Flat Fee Brokerage
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12368266