1335 Gifford Ct UNIT AHanover ParkIL60133
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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 Hanover Park at 1335 Gifford Ct UNIT A, Hanover Park, IL, 60133 generates $2,288/mo in rent and, after a $985/mo payment, leaves $612/mo in cash flow. Total monthly income is $2,288/mo, and annual cash flow is $7,344/yr on $66,731 invested. Return on cash invested sits at 30.91% in year one, and rental yield is 13.64% on a $201,300 entry. Equity gained on principal adds $1,299/yr, while 5% annual appreciation builds toward $55,615 over five years. Five-year ROI reaches 164.75% and total cumulative return in cash sums $109,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,288/mo property income rather than buyer’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60133, Hanover Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,557 (100%) |
| Owner Occupied HU | 8,509 (73.6%) |
| Renter Occupied HU | 2,708 (23.4%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $276,631 |
| Average Home Value | $286,627 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
10,332
Multi-Family
1,270
Businesses
439
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Listed by: Jolanta Brosko-Osika • RE/MAX City
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12505441
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)