2222 S 15th AveNorth RiversideIL60546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Riverside at 2222 S 15th Ave, North Riverside, IL, 60546 earns $664/mo cash flow from $3,779/mo rent with a $2,198/mo payment. Total monthly income totals $3,779/mo, and annual cash flow totals $7,971/yr on $148,844 capital. ROI tracks 25.26% on current figures, and rental yield reads 10.1% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 132.55% and total cumulative return in cash sums $197,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,779/mo property income instead of your personal income.
Single Family
Built in 1946
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60546, Riverside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,659 (100%) |
| Owner Occupied HU | 4,779 (71.8%) |
| Renter Occupied HU | 1,536 (23.1%) |
| Vacant Housing Units | 344 ( 5.2%) |
| Median Home Value | $391,425 |
| Average Home Value | $462,132 |
Housing Distribution
Address Breakdown
Residential
6,447
Single Family
5,161
Multi-Family
1,286
Businesses
634
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Listed by: Karen Arndt, CNC,CRS,GRI • I Know the Neighborhood LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12522555