2046 Saint Johns Ave APT 4B, Highland Park, IL, 60035 | $1/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 Highland Park at 2046 Saint Johns Ave APT 4B, Highland Park, IL, 60035 offers a 8.33% rental yield on a $279,000 purchase with $1,937/mo rent. Total monthly income registers $1,937/mo, and a $1,366/mo payment leaves $1/mo available for distribution. Annual cash flow reaches $16/yr on $92,489 to close, and return on cash invested stands at 19.93% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,083 over five years. Portfolio math shows five-year ROI at 103.96% and total cumulative return in cash at $96,151. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,937/mo property income against a $1,366/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1971

N/A 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