3023 Paris Ave APT 205River GroveIL60171








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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 River Grove at 3023 Paris Ave APT 205, River Grove, IL, 60171 uses $62,985 cash to close to unlock $4,345/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $930/mo payment keeps the spread at $362/mo. Purchase price stands at $190,000, and rental yield measures 10.61% with $1,680/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 140.91% and total cumulative return in cash records $88,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $930/mo payment rather than investor’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Malgorzata Wasik • arhome realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12549532








