311 N Maple St, Itasca, IL, 60143 | $54/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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311 N Maple St, Itasca, IL, 60143 | $54/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Itasca at 311 N Maple St, Itasca, IL, 60143 offers $2,585/mo rent that, after a $1,786/mo payment, leaves $54/mo cash flow. Total monthly income is $2,585/mo, and annual cash flow is $645/yr on $120,998 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 8.5% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 106.67% and total cumulative return in cash reaches $129,067. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,585/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 4-Bed, 2-bath ranch in a prime Itasca location! Welcome to this lovely blond brick ranch that's only a block from vibrant downtown Itasca. This spacious home offers a perfect blend of charm and modern updates with hardwood floors throughout most of the main level, including the kitchen, dining room, living room with cozy fireplace, and all three generously sized bedrooms. The updated kitchen features stainless steel appliances and granite countertops, flowing seamlessly into the inviting dining area- ideal for everyday living and entertaining. Downstairs, the full finished basement expands your living space with a huge family room, 4th bedroom, a second full bath with a walk-in shower and luxurious jetted tub, plus a laundry room and ample storage. Step outside to your private deck with built-in seating, perfect for relaxing or hosting guests. Spacious yard and detached 1.5 car garage. Nestled on a tree-lined street in one of Itasca's most desirable neighborhoods that's steps from the Metra station, parks, top-rated schools, restaurants, shopping, the Park District, Library, Forest Preserve, and Itasca Country Club. Enjoy award-winning amenities and the small-town charm that makes Itasca so special!

Neighborhood Data

Neighborhood data shown for ZIP Code: 60143, Itasca, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,186 (100%)
Owner Occupied HU	3,041 (72.6%)
Renter Occupied HU	940 (22.5%)
Vacant Housing Units	205 ( 4.9%)
Median Home Value	$436,032
Average Home Value	$511,510