120 Riverside DrNorthfieldIL60093
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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
Rental property for sale in Northfield at 120 Riverside Dr, Northfield, IL, 60093 priced at $929,000 pairs $28,950/mo rent with $22,506/mo cash flow after a $4,547/mo payment. Total monthly income equals $28,950/mo, and annual cash flow comes to $270,075/yr on $305,641 invested. Return on cash invested is 108.42% in year one, and rental yield stands at 37.4% on a $929,000 basis. Equity gained on principal adds $5,995/yr, and 5% annual appreciation accumulates to $256,666 by year five. Five-year ROI measures 578.46% and total cumulative return in cash reaches $1,768,004. For financing, Ziffy Mortgage’s DSCR program evaluates $28,950/mo property income against a $4,547/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
7,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60093, Winnetka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,467 (100%) |
| Owner Occupied HU | 6,087 (81.5%) |
| Renter Occupied HU | 830 (11.1%) |
| Vacant Housing Units | 550 ( 7.4%) |
| Median Home Value | $1,040,224 |
| Average Home Value | $1,169,454 |
Housing Distribution
Address Breakdown
Residential
7,434
Single Family
6,177
Multi-Family
1,257
Businesses
1,223
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Listed by: Laura McCain • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12473848