307 South BlvdOak ParkIL60302
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 Oak Park at 307 South Blvd, Oak Park, IL, 60302 with 5% annual appreciation on a $479,900 basis while $4,204/mo rent supports operations. Total monthly income totals $4,204/mo and a $2,349/mo payment preserves $875/mo for cash returns. Annual cash flow comes to $10,502/yr on $159,087 deployed, and return on cash invested reaches 26.51% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,588 alongside rental yield of 10.51%. Five-year ROI measures 139.24% and total cumulative return in cash totals $221,505.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,204/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
4,225 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60302, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,205 (100%) |
| Owner Occupied HU | 8,776 (54.2%) |
| Renter Occupied HU | 5,976 (36.9%) |
| Vacant Housing Units | 1,453 ( 9.0%) |
| Median Home Value | $527,016 |
| Average Home Value | $564,863 |
Housing Distribution
Address Breakdown
Residential
15,552
Single Family
6,924
Multi-Family
8,628
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices