146 Bay DrItascaIL60143
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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 Itasca at 146 Bay Dr, Itasca, IL, 60143 with 5% annual appreciation on a $424,900 basis while $3,500/mo rent supports operations. Total monthly income totals $3,500/mo and a $2,080/mo payment preserves $553/mo for cash returns. Annual cash flow comes to $6,630/yr on $140,854 deployed, and return on cash invested reaches 24.62% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,392 alongside rental yield of 9.88%. Five-year ROI measures 129.07% and total cumulative return in cash totals $181,797.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,500/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1999
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60143, Itasca, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,186 (100%) |
| Owner Occupied HU | 3,041 (72.6%) |
| Renter Occupied HU | 940 (22.5%) |
| Vacant Housing Units | 205 ( 4.9%) |
| Median Home Value | $436,032 |
| Average Home Value | $511,510 |
Housing Distribution
Address Breakdown
Residential
4,274
Single Family
3,440
Multi-Family
834
Businesses
881
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