1490 Avignon CtHighland ParkIL60035
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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 Highland Park at 1490 Avignon Ct, Highland Park, IL, 60035 uses $130,943 cash to close to unlock $3,126/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,933/mo payment keeps the spread at $261/mo. Purchase price stands at $395,000, and rental yield measures 9.11% with $3,000/mo rent. Return on cash invested shows 22.3% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 116.64% and total cumulative return in cash records $152,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Townhouse
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60035, Highland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,863 (100%) |
| Owner Occupied HU | 9,703 (75.4%) |
| Renter Occupied HU | 2,277 (17.7%) |
| Vacant Housing Units | 883 ( 6.9%) |
| Median Home Value | $622,178 |
| Average Home Value | $723,407 |
Housing Distribution
Address Breakdown
Residential
12,092
Single Family
10,163
Multi-Family
1,929
Businesses
1,261
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Listed by: Jackie Patton • Kurman Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12479527