34966 N Forest AveInglesideIL60041
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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 Ingleside at 34966 N Forest Ave, Ingleside, IL, 60041 listed at $275,000 pairs $2,040/mo rent with a $1,346/mo payment to leave $133/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $1,590/yr on $91,163 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 8.9% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 113.19% and total cumulative return in cash totals $103,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60041, Ingleside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,216 (100%) |
| Owner Occupied HU | 3,057 (72.5%) |
| Renter Occupied HU | 769 (18.2%) |
| Vacant Housing Units | 390 ( 9.3%) |
| Median Home Value | $286,663 |
| Average Home Value | $311,190 |
Housing Distribution
Address Breakdown
Residential
3,884
Single Family
3,595
Multi-Family
289
Businesses
170
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