2462 S Scott StDes PlainesIL60018
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
Rental property for sale in Des Plaines at 2462 S Scott St, Des Plaines, IL, 60018 generates $2,104/mo in rent, after a $1,518/mo payment. Total monthly income is $2,104/mo. Return on cash invested sits at 19.34% in year one, and rental yield is 8.14% on a $310,236 entry. Equity gained on principal adds $2,002/yr, while 5% annual appreciation builds toward $85,712 over five years. Five-year ROI reaches 100.81% and total cumulative return in cash sums $103,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph Marella • Keller Williams Realty Ptnr,LL
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12449579
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)