1009 Walter StPark RidgeIL60439
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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 Park Ridge at 1009 Walter St, Park Ridge, IL, 60439 earns $479/mo cash flow from $4,873/mo rent with a $3,101/mo payment. Total monthly income totals $4,873/mo, and annual cash flow totals $5,743/yr on $208,422 capital. ROI tracks 22.82% on current figures, and rental yield reads 9.23% at a $633,500 purchase. Equity gained on principal adds $4,088/yr, and 5% annual appreciation supports $175,024 over five years. Five-year ROI reaches 119.39% and total cumulative return in cash sums $248,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,873/mo property income instead of your personal income.
Single Family
Built in 2004
6,656 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60439, Lemont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,725 (100%) |
| Owner Occupied HU | 7,954 (81.8%) |
| Renter Occupied HU | 1,290 (13.3%) |
| Vacant Housing Units | 481 ( 4.9%) |
| Median Home Value | $463,880 |
| Average Home Value | $514,468 |
Housing Distribution
Address Breakdown
Residential
9,262
Single Family
8,782
Multi-Family
480
Businesses
685
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Listed by: Marisa Barragan • Compass REO Incorporated
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12536766