1005 Hiawatha LnRiverwoodsIL60015
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
Rental property for sale in Riverwoods at 1005 Hiawatha Ln, Riverwoods, IL, 60015 priced at $1,595,000 pairs $8,634/mo rent with after a $7,807/mo payment. Total monthly income equals $8,634/mo. Return on cash invested is 14.73% in year one, and rental yield stands at 6.5% on a $1,595,000 basis. Equity gained on principal adds $10,292/yr, and 5% annual appreciation accumulates to $440,669 by year five. Five-year ROI measures 75.97% and total cumulative return in cash reaches $392,585. For financing, Ziffy Mortgage’s DSCR program evaluates $8,634/mo property income against a $7,807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
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Listed by: Beth Wexler • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12441421