115 State StMaple ParkIL60151
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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
Rental property for sale in Maple Park at 115 State St, Maple Park, IL, 60151 priced at $344,000 converts $2,419/mo rent into $33/mo cash flow after a $1,684/mo obligation. Total monthly income equals $2,419/mo, and annual cash flow totals $392/yr on $114,036 invested. Return on cash invested prints 20.25% in year one, and rental yield reads 8.44% against a $344,000 entry. Equity gained on principal adds $2,220/yr, while 5% annual appreciation compiles into $95,041 by year five. Five-year ROI reaches 105.67% and total cumulative return in cash sums $120,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,419/mo property income covering a $1,684/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60151, Maple Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,656 (100%) |
| Owner Occupied HU | 1,354 (81.8%) |
| Renter Occupied HU | 223 (13.5%) |
| Vacant Housing Units | 79 ( 4.8%) |
| Median Home Value | $397,289 |
| Average Home Value | $435,434 |
Housing Distribution
Address Breakdown
Residential
1,470
Single Family
1,470
Multi-Family
0
Businesses
111
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Listed by: Matt Fuhrman • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12488631