1705 Victoria AveNorth ChicagoIL60064
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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 North Chicago at 1705 Victoria Ave, North Chicago, IL, 60064 earns $128/mo cash flow from $1,305/mo rent with a $831/mo payment. Total monthly income totals $1,305/mo, and annual cash flow totals $1,530/yr on $56,256 capital. ROI tracks 22.63% on current figures, and rental yield reads 9.23% at a $169,700 purchase. Equity gained on principal adds $1,095/yr, and 5% annual appreciation supports $46,885 over five years. Five-year ROI reaches 118.47% and total cumulative return in cash sums $66,647. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,305/mo property income instead of your personal income.
Single Family
Built in 1925
3,175 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60064, North Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 2,216 (40.6%) |
| Renter Occupied HU | 2,649 (48.6%) |
| Vacant Housing Units | 591 (10.8%) |
| Median Home Value | $162,793 |
| Average Home Value | $246,053 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,080
Multi-Family
987
Businesses
325
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Listed by: Kris Seegren • RE/MAX Plaza
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12442241