370 Briar LnHighland 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 370 Briar Ln, Highland Park, IL, 60035 offers a 3.12% rental yield on a $1,699,000 purchase with $4,416/mo rent. 31% in year one. Equity gained on principal adds $10,963/yr while 5% annual appreciation supports $469,402 over five years. Portfolio math shows five-year ROI at 20.08% and total cumulative return in cash at $110,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,416/mo property income against a $8,316/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
No 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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Listed by: Lissa Weinstein • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544394