9600 Central AveOak LawnIL60453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9600 Central Ave, Oak Lawn, IL, 60453 offers a 8.34% rental yield on a $298,750 purchase with $2,076/mo rent. Total monthly income registers $2,076/mo, and a $1,462/mo payment leaves $4/mo available for distribution. Annual cash flow reaches $49/yr on $99,036 to close, and return on cash invested stands at 19.96% in year one. Equity gained on principal adds $1,928/yr while 5% annual appreciation supports $82,539 over five years. Portfolio math shows five-year ROI at 104.14% and total cumulative return in cash at $103,131. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,076/mo property income against a $1,462/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
7,620 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices