240 Renrose AveLoves 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
Investment property for sale in Loves Park at 240 Renrose Ave, Loves Park, IL, 61111 with 5% annual appreciation on a $150,000 basis while $1,158/mo rent supports operations. Total monthly income totals $1,158/mo and a $734/mo payment preserves $118/mo for cash returns. Annual cash flow comes to $1,413/yr on $49,725 deployed, and return on cash invested reaches 22.75% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.26%. Five-year ROI measures 119.08% and total cumulative return in cash totals $59,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,158/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
7,405 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: Toni Vander Heyden • Keller Williams Realty Signature
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls ID: #202506575