17W463 Red Oak AveAddisonIL60101
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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 Addison at 17W463 Red Oak Ave, Addison, IL, 60101 earns $145/mo cash flow from $1,386/mo rent with a $876/mo payment. Total monthly income totals $1,386/mo, and annual cash flow totals $1,734/yr on $59,339 capital. ROI tracks 22.83% on current figures, and rental yield reads 9.29% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 119.54% and total cumulative return in cash sums $70,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,386/mo property income instead of your personal income.
Single Family
Built in 1958
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60101, Addison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,473 (100%) |
| Owner Occupied HU | 8,912 (66.1%) |
| Renter Occupied HU | 4,113 (30.5%) |
| Vacant Housing Units | 448 ( 3.3%) |
| Median Home Value | $334,016 |
| Average Home Value | $350,017 |
Housing Distribution
Address Breakdown
Residential
13,358
Single Family
9,382
Multi-Family
3,976
Businesses
1,937
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