1698 E Thousand North RdMilfordIL60953
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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 Milford at 1698 E Thousand North Rd, Milford, IL, 60953 listed at $275,000 pairs $930/mo rent with a $1,346/mo payment. Total monthly income runs $930/mo. Return on cash invested measures 7.04% in year one, and rental yield registers 4.06% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 34.84% and total cumulative return in cash totals $31,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
5.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60953, Milford, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 684 (64.8%) |
| Renter Occupied HU | 201 (19.0%) |
| Vacant Housing Units | 171 (16.2%) |
| Median Home Value | $134,091 |
| Average Home Value | $167,255 |
Housing Distribution
Address Breakdown
Residential
927
Single Family
895
Multi-Family
32
Businesses
73
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