139 Thatcher AveRiver ForestIL60305
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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 River Forest at 139 Thatcher Ave, River Forest, IL, 60305 priced at $1,189,000 converts $4,092/mo rent into after a $5,820/mo obligation. Total monthly income equals $4,092/mo. Return on cash invested prints 7.43% in year one, and rental yield reads 4.13% against a $1,189,000 entry. Equity gained on principal adds $7,672/yr, while 5% annual appreciation compiles into $328,499 by year five. Five-year ROI reaches 36.81% and total cumulative return in cash sums $141,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,092/mo property income covering a $5,820/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60305, River Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 3,492 (81.4%) |
| Renter Occupied HU | 515 (12.0%) |
| Vacant Housing Units | 284 ( 6.6%) |
| Median Home Value | $693,745 |
| Average Home Value | $736,041 |
Housing Distribution
Address Breakdown
Residential
4,222
Single Family
2,966
Multi-Family
1,256
Businesses
420
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Listed by: Jonathan Reith • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12539910