1365 Linden AveLa SalleIL61301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Salle at 1365 Linden Ave, La Salle, IL, 61301 generates $1,618/mo in rent and, after a $690/mo payment, leaves $589/mo in cash flow. Total monthly income is $1,618/mo, and annual cash flow is $7,070/yr on $46,742 invested. Return on cash invested sits at 35.03% in year one, and rental yield is 13.77% on a $141,000 entry. Equity gained on principal adds $910/yr, while 5% annual appreciation builds toward $38,956 over five years. Five-year ROI reaches 185.51% and total cumulative return in cash sums $86,712. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,618/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61301, La Salle, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,881 (100%) |
| Owner Occupied HU | 2,845 (58.3%) |
| Renter Occupied HU | 1,595 (32.7%) |
| Vacant Housing Units | 441 ( 9.0%) |
| Median Home Value | $153,067 |
| Average Home Value | $211,757 |
Housing Distribution
Address Breakdown
Residential
4,558
Single Family
4,307
Multi-Family
251
Businesses
464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Kuzma • Coldwell Banker Today's
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503378
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.