172 N East River Rd UNIT KDes PlainesIL60016
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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
Rental property for sale in Des Plaines at 172 N East River Rd UNIT K, Des Plaines, IL, 60016 offers $3,596/mo rent that, after a $2,111/mo payment, leaves $591/mo cash flow. Total monthly income is $3,596/mo, and annual cash flow is $7,088/yr on $142,943 cash. Return on cash invested measures 24.87% in year one, and rental yield stands at 10.01% at a $431,200 entry. Equity gained on principal adds $2,782/yr while 5% annual appreciation compounds into $119,133 by year five. Five-year ROI records 130.45% and total cumulative return in cash reaches $186,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,596/mo property income versus a $2,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
1,057 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60016, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,341 (100%) |
| Owner Occupied HU | 16,181 (61.4%) |
| Renter Occupied HU | 8,194 (31.1%) |
| Vacant Housing Units | 1,966 ( 7.5%) |
| Median Home Value | $323,180 |
| Average Home Value | $335,747 |
Housing Distribution
Address Breakdown
Residential
25,701
Single Family
12,431
Multi-Family
13,270
Businesses
1,198
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Listed by: N/A • N/A
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