1811 Lyons StEvanstonIL60201
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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 1811 Lyons St, Evanston, IL, 60201 uses $158,789 cash to close to unlock $21,336/yr annual cash flow and $1,778/mo monthly cash flow. Total monthly income runs $5,100/mo, and a $2,344/mo payment keeps the spread at $1,778/mo. Purchase price stands at $479,000, and rental yield measures 12.78% with $5,100/mo rent. Return on cash invested shows 33.35% in year one, and 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 175.9% and total cumulative return in cash records $279,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,100/mo property income covering a $2,344/mo payment rather than investor’s personal income.
Multi Family
Built in 2005
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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