1024 Ferdinand AveForest ParkIL60130
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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 Forest Park at 1024 Ferdinand Ave, Forest Park, IL, 60130 with 5% annual appreciation on a $297,500 basis while $2,778/mo rent supports operations. Total monthly income totals $2,778/mo and a $1,456/mo payment preserves $715/mo for cash returns. Annual cash flow comes to $8,575/yr on $98,621 deployed, and return on cash invested reaches 28.6% in year one. Equity gained on principal adds $1,920/yr, and five-year appreciation sums $82,194 alongside rental yield of 11.21%. Five-year ROI measures 150.46% and total cumulative return in cash totals $148,387.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,778/mo property income versus a $1,456/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
4,687 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60130, Forest Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 3,698 (45.3%) |
| Renter Occupied HU | 3,811 (46.7%) |
| Vacant Housing Units | 646 ( 7.9%) |
| Median Home Value | $348,058 |
| Average Home Value | $382,950 |
Housing Distribution
Address Breakdown
Residential
7,730
Single Family
3,523
Multi-Family
4,207
Businesses
567
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Listed by: Jason Donajkowski • Paragon Property Management
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12479541