106 N Chicago StMilfordIL60953
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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
Rental property for sale in Milford at 106 N Chicago St, Milford, IL, 60953 generates $930/mo in rent and, after a $636/mo payment, leaves $29/mo in cash flow. Total monthly income is $930/mo, and annual cash flow is $345/yr on $43,062 invested. Return on cash invested sits at 20.71% in year one, and rental yield is 8.59% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 108.14% and total cumulative return in cash sums $46,567. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $930/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2,408 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60953, Milford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 684 (64.8%) |
| Renter Occupied HU | 201 (19.0%) |
| Vacant Housing Units | 171 (16.2%) |
| Median Home Value | $134,091 |
| Average Home Value | $167,255 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
895
Multi-Family
32
Businesses
73
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