1220 Park Ave W APT 134Highland ParkIL60035
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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
Investment property for sale in Highland Park at 1220 Park Ave W APT 134, Highland Park, IL, 60035 earns $16/mo cash flow from $1,958/mo rent with a $1,370/mo payment. Total monthly income totals $1,958/mo, and annual cash flow totals $196/yr on $92,820 capital. ROI tracks 20.12% on current figures, and rental yield reads 8.39% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash sums $97,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,958/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60035, Highland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,863 (100%) |
| Owner Occupied HU | 9,703 (75.4%) |
| Renter Occupied HU | 2,277 (17.7%) |
| Vacant Housing Units | 883 ( 6.9%) |
| Median Home Value | $622,178 |
| Average Home Value | $723,407 |
Housing Distribution
Address Breakdown
Residential
12,092
Single Family
10,163
Multi-Family
1,929
Businesses
1,261
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Listed by: Karla Garcia • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12539090