1038 Division StOak ParkIL60302
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 1038 Division St, Oak Park, IL, 60302 listed at $798,800 pairs $5,400/mo rent with a $3,910/mo payment. Total monthly income runs $5,400/mo. Return on cash invested measures 19.42% in year one, and rental yield registers 8.11% at a $798,800 basis. Equity gained on principal adds $5,155/yr, and annual property appreciation at 5% supports $220,694 by year five. Five-year ROI tracks 101.17% and total cumulative return in cash totals $265,887. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,400/mo property income relative to a $3,910/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
6,216 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60302, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,205 (100%) |
| Owner Occupied HU | 8,776 (54.2%) |
| Renter Occupied HU | 5,976 (36.9%) |
| Vacant Housing Units | 1,453 ( 9.0%) |
| Median Home Value | $527,016 |
| Average Home Value | $564,863 |
Housing Distribution
Address Breakdown
Residential
15,552
Single Family
6,924
Multi-Family
8,628
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices