314 E 31st StLa Grange ParkIL60526
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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 La Grange Park at 314 E 31st St, La Grange Park, IL, 60526 offers a 8.39% rental yield on a $329,500 purchase with $2,304/mo rent. Total monthly income registers $2,304/mo, and a $1,613/mo payment leaves $18/mo available for distribution. Annual cash flow reaches $219/yr on $109,229 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $2,126/yr while 5% annual appreciation supports $91,035 over five years. Portfolio math shows five-year ROI at 104.93% and total cumulative return in cash at $114,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,304/mo property income against a $1,613/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60526, La Grange Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,438 (100%) |
| Owner Occupied HU | 3,746 (68.9%) |
| Renter Occupied HU | 1,179 (21.7%) |
| Vacant Housing Units | 513 ( 9.4%) |
| Median Home Value | $424,827 |
| Average Home Value | $477,332 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
3,847
Multi-Family
1,506
Businesses
176
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Listed by: Timothy Obrien • All County Fox Valley Property Management
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532483