1927 McCraren RdHighland ParkIL60035
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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 Highland Park at 1927 McCraren Rd, Highland Park, IL, 60035 generates $4,379/mo in rent, after a $3,632/mo payment. Total monthly income is $4,379/mo. Return on cash invested sits at 16.29% in year one, and rental yield is 7.08% on a $742,000 entry. Equity gained on principal adds $4,788/yr, while 5% annual appreciation builds toward $205,001 over five years. Five-year ROI reaches 84.38% and total cumulative return in cash sums $205,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,379/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
7,348 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60035, Highland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,863 (100%) |
| Owner Occupied HU | 9,703 (75.4%) |
| Renter Occupied HU | 2,277 (17.7%) |
| Vacant Housing Units | 883 ( 6.9%) |
| Median Home Value | $622,178 |
| Average Home Value | $723,407 |
Housing Distribution
Address Breakdown
Residential
12,092
Single Family
10,163
Multi-Family
1,929
Businesses
1,261
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