390 Birch StWinnetkaIL60093
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winnetka at 390 Birch St, Winnetka, IL, 60093 priced at $1,425,000 converts $5,462/mo rent into after a $6,975/mo obligation. Total monthly income equals $5,462/mo. Return on cash invested prints 8.88% in year one, and rental yield reads 4.6% against a $1,425,000 entry. Equity gained on principal adds $9,195/yr, while 5% annual appreciation compiles into $393,701 by year five. Five-year ROI reaches 44.58% and total cumulative return in cash sums $205,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,462/mo property income covering a $6,975/mo payment, not borrower’s personal income.
Single Family
Built in 1969
8,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60093, Winnetka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,467 (100%) |
| Owner Occupied HU | 6,087 (81.5%) |
| Renter Occupied HU | 830 (11.1%) |
| Vacant Housing Units | 550 ( 7.4%) |
| Median Home Value | $1,040,224 |
| Average Home Value | $1,169,454 |
Housing Distribution
Address Breakdown
Residential
7,434
Single Family
6,177
Multi-Family
1,257
Businesses
1,223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices