2030 Cedar Ave, Hanover Park, IL, 60133 | $37/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hanover Park at 2030 Cedar Ave, Hanover Park, IL, 60133 listed at $249,000 pairs $1,764/mo rent with a $1,219/mo payment to leave $37/mo cash flow. Total monthly income runs $1,764/mo, and annual cash flow reaches $439/yr on $82,544 cash to close. Return on cash invested measures 20.44% in year one, and rental yield registers 8.5% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 106.7% and total cumulative return in cash totals $88,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,764/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1957

9,825 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60133, Hanover Park, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,557 (100%)
Owner Occupied HU	8,509 (73.6%)
Renter Occupied HU	2,708 (23.4%)
Vacant Housing Units	340 ( 2.9%)
Median Home Value	$276,631
Average Home Value	$286,627