325 Whitehall AveNorthlakeIL60164
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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 Northlake at 325 Whitehall Ave, Northlake, IL, 60164 with 5% annual appreciation on a $316,700 basis while $2,914/mo rent supports operations. Total monthly income totals $2,914/mo and a $1,550/mo payment preserves $573/mo for cash returns. Annual cash flow comes to $6,880/yr on $104,986 deployed, and return on cash invested reaches 26.46% in year one. Equity gained on principal adds $2,044/yr, and five-year appreciation sums $87,498 alongside rental yield of 11.04%. Five-year ROI measures 139.59% and total cumulative return in cash totals $146,555.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,914/mo property income versus a $1,550/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
7,623 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60164, Melrose Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,356 (100%) |
| Owner Occupied HU | 5,078 (69.0%) |
| Renter Occupied HU | 1,787 (24.3%) |
| Vacant Housing Units | 491 ( 6.7%) |
| Median Home Value | $253,896 |
| Average Home Value | $283,058 |
Housing Distribution
Address Breakdown
Residential
7,059
Single Family
5,387
Multi-Family
1,672
Businesses
403
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