2368 Alison AvePingree GroveIL60140
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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 Pingree Grove at 2368 Alison Ave, Pingree Grove, IL, 60140 generates $2,086/mo in rent, after a $1,505/mo payment. Total monthly income is $2,086/mo. Return on cash invested sits at 19.36% in year one, and rental yield is 8.14% on a $307,500 entry. Equity gained on principal adds $1,984/yr, while 5% annual appreciation builds toward $84,957 over five years. Five-year ROI reaches 100.91% and total cumulative return in cash sums $102,867. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,086/mo property income rather than buyer’s personal income.
Townhouse
Built in 2022
1,180 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
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Listed by: Desi Zamora • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12510865