347 8th AveLa GrangeIL60525
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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 at 347 8th Ave, La Grange, IL, 60525 earns from $4,212/mo rent with a $7,954/mo payment. Total monthly income totals $4,212/mo. ROI tracks 4.28% on current figures, and rental yield reads 3.11% at a $1,625,000 purchase. Equity gained on principal adds $10,486/yr, and 5% annual appreciation supports $448,958 over five years. Five-year ROI reaches 19.93% and total cumulative return in cash sums $104,956. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,212/mo property income instead of your personal income.
Single Family
Built in 2025
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60525, La Grange, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,466 (100%) |
| Owner Occupied HU | 9,822 (72.9%) |
| Renter Occupied HU | 2,517 (18.7%) |
| Vacant Housing Units | 1,127 ( 8.4%) |
| Median Home Value | $439,538 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,997
Multi-Family
3,151
Businesses
1,523
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