280 Addison RdRiversideIL60546
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 Riverside at 280 Addison Rd, Riverside, IL, 60546 generates $2,964/mo in rent and, after a $1,564/mo payment, leaves $748/mo in cash flow. Total monthly income is $2,964/mo, and annual cash flow is $8,972/yr on $105,914 invested. Return on cash invested sits at 28.38% in year one, and rental yield is 11.13% on a $319,500 entry. Equity gained on principal adds $2,062/yr, while 5% annual appreciation builds toward $88,272 over five years. Five-year ROI reaches 149.25% and total cumulative return in cash sums $158,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,964/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
9,073 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices