371 Longcommon RdRiversideIL60546
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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
Rental property for sale in Riverside at 371 Longcommon Rd, Riverside, IL, 60546 offers $3,529/mo rent that, after a $2,576/mo payment. Total monthly income is $3,529/mo. Return on cash invested measures 16.34% in year one, and rental yield stands at 8.04% at a $526,400 entry. Equity gained on principal adds $3,397/yr while 5% annual appreciation compounds into $145,435 by year five. Five-year ROI records 85.69% and total cumulative return in cash reaches $148,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,529/mo property income versus a $2,576/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
5,506 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60546, Riverside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,659 (100%) |
| Owner Occupied HU | 4,779 (71.8%) |
| Renter Occupied HU | 1,536 (23.1%) |
| Vacant Housing Units | 344 ( 5.2%) |
| Median Home Value | $391,425 |
| Average Home Value | $462,132 |
Housing Distribution
Address Breakdown
Residential
6,447
Single Family
5,161
Multi-Family
1,286
Businesses
634
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