1213 N Irving AveBerkeleyIL60163
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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 Berkeley at 1213 N Irving Ave, Berkeley, IL, 60163 priced at $382,900 converts $3,991/mo rent into $1,247/mo cash flow after a $1,874/mo obligation. Total monthly income equals $3,991/mo, and annual cash flow totals $14,966/yr on $126,931 invested. Return on cash invested prints 31.7% in year one, and rental yield reads 12.51% against a $382,900 entry. Equity gained on principal adds $2,471/yr, while 5% annual appreciation compiles into $105,788 by year five. Five-year ROI reaches 167.38% and total cumulative return in cash sums $212,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,991/mo property income covering a $1,874/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60163, Berkeley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,944 (100%) |
| Owner Occupied HU | 1,421 (73.1%) |
| Renter Occupied HU | 428 (22.0%) |
| Vacant Housing Units | 95 ( 4.9%) |
| Median Home Value | $234,756 |
| Average Home Value | $234,710 |
Housing Distribution
Address Breakdown
Residential
1,878
Single Family
1,672
Multi-Family
206
Businesses
91
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