1319 Tyrell AvePark RidgeIL60068
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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 Park Ridge at 1319 Tyrell Ave, Park Ridge, IL, 60068 earns from $4,800/mo rent with a $3,421/mo payment. Total monthly income totals $4,800/mo. ROI tracks 19.81% on current figures, and rental yield reads 8.24% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 103.26% and total cumulative return in cash sums $237,458. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 1955
9,938 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60068, Park Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,048 (100%) |
| Owner Occupied HU | 12,137 (80.7%) |
| Renter Occupied HU | 2,171 (14.4%) |
| Vacant Housing Units | 740 ( 4.9%) |
| Median Home Value | $532,331 |
| Average Home Value | $584,680 |
Housing Distribution
Address Breakdown
Residential
15,052
Single Family
12,148
Multi-Family
2,904
Businesses
1,440
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Listed by: Christopher Demos • @properties Christies International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12529161