9431 S 79th Ave APT 105NHickory 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
Investment property for sale in Hickory Hills at 9431 S 79th Ave APT 105N, Hickory Hills, IL, 60457 uses $81,748 cash to close to unlock $7,673/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,414/mo, and a $1,207/mo payment keeps the spread at $639/mo. Purchase price stands at $246,600, and rental yield measures 11.75% with $2,414/mo rent. Return on cash invested shows 29.3% in year one, and 5% annual appreciation builds toward $68,131 over five years. Five-year ROI reaches 154.51% and total cumulative return in cash records $126,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,414/mo property income covering a $1,207/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A 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: N/A • N/A
Mls Name: HomeSmart
Mls Provider:
Mls ID: #12384598