3569 Old Mill RdHighland ParkIL60035
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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 Highland Park at 3569 Old Mill Rd, Highland Park, IL, 60035 uses $184,832 cash to close to unlock $18,468/yr annual cash flow and $1,539/mo monthly cash flow. Total monthly income runs $6,034/mo, and a $2,750/mo payment keeps the spread at $1,539/mo. Purchase price stands at $561,800, and rental yield measures 12.89% with $6,034/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $155,215 over five years. Five-year ROI reaches 159.62% and total cumulative return in cash records $295,026. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,034/mo property income covering a $2,750/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.79 Acres lot
$N/A/sqft
$524 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60035, Highland Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,863 (100%) |
| Owner Occupied HU | 9,703 (75.4%) |
| Renter Occupied HU | 2,277 (17.7%) |
| Vacant Housing Units | 883 ( 6.9%) |
| Median Home Value | $622,178 |
| Average Home Value | $723,407 |
Housing Distribution
Address Breakdown
Residential
12,092
Single Family
10,163
Multi-Family
1,929
Businesses
1,261
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