1109 S Lavergne DrMount ProspectIL60056
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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 Mount Prospect at 1109 S Lavergne Dr, Mount Prospect, IL, 60056 at $579,900 posts ROI 27.38% with $1,163/mo cash flow from $5,185/mo rent. Total monthly income equals $5,185/mo, and annual cash flow records $13,956/yr on $190,787 to close. Return on cash invested measures 27.38% and rental yield reads 10.73% at the current $579,900. Equity gained on principal adds $3,742/yr, and 5% annual appreciation supports $160,216 by year five. Five-year ROI prints 143.85% and total cumulative return in cash totals $274,453.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,185/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60056, Mount Prospect, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,127 (100%) |
| Owner Occupied HU | 15,209 (65.8%) |
| Renter Occupied HU | 6,742 (29.2%) |
| Vacant Housing Units | 1,176 ( 5.1%) |
| Median Home Value | $381,904 |
| Average Home Value | $403,258 |
Housing Distribution
Address Breakdown
Residential
22,824
Single Family
14,590
Multi-Family
8,234
Businesses
1,390
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Listed by: Doris E E Rivera • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12485699