9530 Cook Ave UNIT 414Oak LawnIL60453
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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 Oak Lawn at 9530 Cook Ave UNIT 414, Oak Lawn, IL, 60453 earns $779/mo cash flow from $2,998/mo rent with a $1,566/mo payment. Total monthly income totals $2,998/mo, and annual cash flow totals $9,344/yr on $106,080 capital. ROI tracks 28.72% on current figures, and rental yield reads 11.24% at a $319,999 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 151.07% and total cumulative return in cash sums $160,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,998/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60453, Oak Lawn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,136 (100%) |
| Owner Occupied HU | 17,786 (76.9%) |
| Renter Occupied HU | 4,209 (18.2%) |
| Vacant Housing Units | 1,141 ( 4.9%) |
| Median Home Value | $290,812 |
| Average Home Value | $300,700 |
Housing Distribution
Address Breakdown
Residential
23,037
Single Family
15,931
Multi-Family
7,106
Businesses
1,260
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