1133 Fortuna AvePark RidgeIL60068
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
Total monthly income runs $3,743/mo, and a $6,852/mo payment. Purchase price stands at $1,399,999, and rental yield measures 3.21% with $3,743/mo rent. Return on cash invested shows 4.58% in year one, and 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 21.56% and total cumulative return in cash records $97,807. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,743/mo property income covering a $6,852/mo payment rather than investor’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60068, Park Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,048 (100%) |
| Owner Occupied HU | 12,137 (80.7%) |
| Renter Occupied HU | 2,171 (14.4%) |
| Vacant Housing Units | 740 ( 4.9%) |
| Median Home Value | $532,331 |
| Average Home Value | $584,680 |
Housing Distribution
Address Breakdown
Residential
15,052
Single Family
12,148
Multi-Family
2,904
Businesses
1,440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashraf Memon • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12512566