The Serene : Build On Your Lot Plan, Midwest Illinois: Build On Your LotOlympia FieldsIL60461
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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 Olympia Fields at The Serene: Build On Your Lot Plan, Midwest Illinois: Build On Your Lot, Olympia Fields, IL, 60461 generates $2,676/mo in rent, after a $2,993/mo payment. Total monthly income is $2,676/mo. Return on cash invested sits at 10.72% in year one, and rental yield is 5.25% on a $611,415 entry. Equity gained on principal adds $3,945/yr, while 5% annual appreciation builds toward $168,923 over five years. Five-year ROI reaches 54.54% and total cumulative return in cash sums $109,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,676/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60461, Olympia Fields, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,946 (100%) |
| Owner Occupied HU | 1,518 (78.0%) |
| Renter Occupied HU | 235 (12.1%) |
| Vacant Housing Units | 193 ( 9.9%) |
| Median Home Value | $305,670 |
| Average Home Value | $332,314 |
Housing Distribution
Address Breakdown
Residential
1,997
Single Family
1,801
Multi-Family
196
Businesses
283
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Listed by: N/A • Our Legacy Companies
Mls Name: Our Legacy Companies
Mls Provider:
Mls ID: #N/A