1123 Dock StDes PlainesIL60018
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 Des Plaines at 1123 Dock St, Des Plaines, IL, 60018 listed at $486,500 pairs $3,360/mo rent with a $2,381/mo payment. Total monthly income runs $3,360/mo. Return on cash invested measures 17.61% in year one, and rental yield registers 8.29% at a $486,500 basis. Equity gained on principal adds $3,139/yr, and annual property appreciation at 5% supports $134,411 by year five. Five-year ROI tracks 92.28% and total cumulative return in cash totals $148,817. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $2,381/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
781.10 sqft lot
$N/A/sqft
$295 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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Listed by: Linda Little • Little Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12165424
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)