1720 Maple Ave APT 2580EvanstonIL60201
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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 Evanston at 1720 Maple Ave APT 2580, Evanston, IL, 60201 earns $514/mo cash flow from $3,622/mo rent with a $2,193/mo payment. Total monthly income totals $3,622/mo, and annual cash flow totals $6,172/yr on $148,512 capital. ROI tracks 24.06% on current figures, and rental yield reads 9.7% at a $448,000 purchase. Equity gained on principal adds $2,891/yr, and 5% annual appreciation supports $123,774 over five years. Five-year ROI reaches 126.12% and total cumulative return in cash sums $187,310. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,622/mo property income instead of your personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60201, Evanston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,520 (100%) |
| Owner Occupied HU | 9,418 (48.2%) |
| Renter Occupied HU | 7,818 (40.1%) |
| Vacant Housing Units | 2,284 (11.7%) |
| Median Home Value | $586,169 |
| Average Home Value | $643,981 |
Housing Distribution
Address Breakdown
Residential
18,839
Single Family
8,171
Multi-Family
10,668
Businesses
1,446
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