9525 S Kedzie Ave APT 2AEvergreen ParkIL60805
Nearby investment properties with comparable rents
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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 Evergreen Park at 9525 S Kedzie Ave APT 2A, Evergreen Park, IL, 60805 generates $1,992/mo in rent and, after a $611/mo payment, leaves $778/mo in cash flow. Total monthly income is $1,992/mo, and annual cash flow is $9,336/yr on $41,404 invested. Return on cash invested sits at 42.46% in year one, and rental yield is 19.14% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 228.4% and total cumulative return in cash sums $94,570. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,992/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$348 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60805, Evergreen Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,540 (100%) |
| Owner Occupied HU | 5,994 (79.5%) |
| Renter Occupied HU | 1,170 (15.5%) |
| Vacant Housing Units | 376 ( 5.0%) |
| Median Home Value | $271,014 |
| Average Home Value | $300,057 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,551
Multi-Family
800
Businesses
525
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Listed by: Jennifer Villafan • Hoff, Realtors
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12173247
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)