1857 Pine StDes PlainesIL60018
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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 Des Plaines at 1857 Pine St, Des Plaines, IL, 60018 uses $88,941 cash to close to unlock $6,735/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $2,422/mo, and a $1,313/mo payment keeps the spread at $561/mo. Purchase price stands at $268,300, and rental yield measures 10.83% with $2,422/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $74,126 over five years. Five-year ROI reaches 144.47% and total cumulative return in cash records $128,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,422/mo property income covering a $1,313/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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