9820 S Pulaski Rd #314Oak 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 9820 S Pulaski Rd #314, Oak Lawn, IL, 60453 uses $54,664 cash to close to unlock $1,840/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,297/mo, and a $807/mo payment keeps the spread at $153/mo. Purchase price stands at $164,900, and rental yield measures 9.44% with $1,297/mo rent. Return on cash invested shows 23.27% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $66,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,297/mo property income covering a $807/mo payment rather than investor’s personal income.
Condo
Built in 1970
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices