237 Theodore StLoves ParkIL61111
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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 Loves Park at 237 Theodore St, Loves Park, IL, 61111 offers $1,775/mo rent that, after a $925/mo payment, leaves $464/mo cash flow. Total monthly income is $1,775/mo, and annual cash flow is $5,569/yr on $62,654 cash. Return on cash invested measures 28.8% in year one, and rental yield stands at 11.27% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 151.55% and total cumulative return in cash reaches $94,954. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,775/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61111, Loves Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,578 (100%) |
| Owner Occupied HU | 6,876 (65.0%) |
| Renter Occupied HU | 3,248 (30.7%) |
| Vacant Housing Units | 454 ( 4.3%) |
| Median Home Value | $166,525 |
| Average Home Value | $191,823 |
Housing Distribution
Address Breakdown
Residential
10,594
Single Family
10,170
Multi-Family
424
Businesses
1,016
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Listed by: Helen Schacht • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202600229