1035 S Ridgeland AveOak ParkIL60304
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
Investment property for sale in Oak Park at 1035 S Ridgeland Ave, Oak Park, IL, 60304 earns from $2,350/mo rent with a $2,936/mo payment. Total monthly income totals $2,350/mo. ROI tracks 9.05% on current figures, and rental yield reads 4.7% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 45.58% and total cumulative return in cash sums $89,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,350/mo property income instead of your personal income.
Multi Family
Built in 1920
6,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
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Nearby investment properties with comparable prices
Listed by: Joan Vasquez • Clear Choice Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12312796
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)