1103 Holly Ct APT 307Oak ParkIL60301
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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 Oak Park at 1103 Holly Ct APT 307, Oak Park, IL, 60301 uses $54,532 cash to close to unlock $1,934/yr annual cash flow and $161/mo monthly cash flow. Total monthly income runs $1,302/mo, and a $805/mo payment keeps the spread at $161/mo. Purchase price stands at $164,500, and rental yield measures 9.5% with $1,302/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $45,448 over five years. Five-year ROI reaches 122.94% and total cumulative return in cash records $67,042. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,302/mo property income covering a $805/mo payment rather than investor’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60301, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,945 (100%) |
| Owner Occupied HU | 612 (20.8%) |
| Renter Occupied HU | 1,905 (64.7%) |
| Vacant Housing Units | 428 (14.5%) |
| Median Home Value | $255,233 |
| Average Home Value | $323,554 |
Housing Distribution
Address Breakdown
Residential
2,196
Single Family
214
Multi-Family
1,982
Businesses
575
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