1711 Fulton LnHanover ParkIL60133
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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 Hanover Park at 1711 Fulton Ln, Hanover Park, IL, 60133 listed at $309,995 pairs $3,360/mo rent with a $1,517/mo payment to leave $1,210/mo cash flow. Total monthly income runs $3,360/mo, and annual cash flow reaches $14,521/yr on $102,763 cash to close. Return on cash invested measures 34.04% in year one, and rental yield registers 13.01% at a $309,995 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,646 by year five. Five-year ROI tracks 179.64% and total cumulative return in cash totals $184,602. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,360/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1978
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60133, Hanover Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,557 (100%) |
| Owner Occupied HU | 8,509 (73.6%) |
| Renter Occupied HU | 2,708 (23.4%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $276,631 |
| Average Home Value | $286,627 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
10,332
Multi-Family
1,270
Businesses
439
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Listed by: Dante Castillo • ECG Realty Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12456294