(Undisclosed Address)MattesonIL60443
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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 Matteson at (Undisclosed Address), Matteson, IL, 60443 uses $42,764 cash to close to unlock $4,783/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,293/mo, and a $631/mo payment keeps the spread at $399/mo. Purchase price stands at $129,000, and rental yield measures 12.03% with $1,293/mo rent. Return on cash invested shows 31.09% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 163.85% and total cumulative return in cash records $70,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,293/mo property income covering a $631/mo payment rather than investor’s personal income.
Multi Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60443, Matteson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,437 (100%) |
| Owner Occupied HU | 6,250 (74.1%) |
| Renter Occupied HU | 1,578 (18.7%) |
| Vacant Housing Units | 609 ( 7.2%) |
| Median Home Value | $257,486 |
| Average Home Value | $258,790 |
Housing Distribution
Address Breakdown
Residential
8,057
Single Family
7,674
Multi-Family
383
Businesses
833
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.