289 Lawton 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
Investment property for sale in Riverside at 289 Lawton Rd, Riverside, IL, 60546 with 5% annual appreciation on a $329,900 basis while $3,296/mo rent supports operations. Total monthly income totals $3,296/mo and a $1,615/mo payment preserves $1,007/mo for cash returns. Annual cash flow comes to $12,089/yr on $109,362 deployed, and return on cash invested reaches 30.96% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 11.99%. Five-year ROI measures 163.11% and total cumulative return in cash totals $178,383.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,296/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
7,840 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