128 S Oakwood AveWest ChicagoIL60185
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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 West Chicago at 128 S Oakwood Ave, West Chicago, IL, 60185 with 5% annual appreciation on a $315,000 basis while $2,223/mo rent supports operations. Total monthly income totals $2,223/mo and a $1,542/mo payment preserves $38/mo for cash returns. Annual cash flow comes to $454/yr on $104,423 deployed, and return on cash invested reaches 20.34% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 8.47%. Five-year ROI measures 106.15% and total cumulative return in cash totals $110,849.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,223/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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Listed by: Brian Hilgen • Legacy Properties, A Sarah Leonard Company, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12468927