9514 Lawrence Ave APT 2106Schiller ParkIL60176
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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 Schiller Park at 9514 Lawrence Ave APT 2106, Schiller Park, IL, 60176 offers a 9.5% rental yield on a $198,999 purchase with $1,575/mo rent. Total monthly income registers $1,575/mo, and a $974/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,337/yr on $65,968 to close, and return on cash invested stands at 23.45% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 122.81% and total cumulative return in cash at $81,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,575/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60176, Schiller Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 2,489 (54.0%) |
| Renter Occupied HU | 1,876 (40.7%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $289,521 |
| Average Home Value | $381,041 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
2,423
Multi-Family
2,149
Businesses
439
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Listed by: Blanca Rivera • AAA Property Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12464656