39128 N Ogden LnBeach ParkIL60083
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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 Beach Park at 39128 N Ogden Ln, Beach Park, IL, 60083 offers a 9.69% rental yield on a $399,000 purchase with $3,222/mo rent. Total monthly income registers $3,222/mo, and a $1,953/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,452/yr on $132,269 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 125.94% and total cumulative return in cash at $166,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,222/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60083, Wadsworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 3,079 (84.2%) |
| Renter Occupied HU | 434 (11.9%) |
| Vacant Housing Units | 145 ( 4.0%) |
| Median Home Value | $333,315 |
| Average Home Value | $382,460 |
Housing Distribution
Address Breakdown
Residential
3,583
Single Family
3,583
Multi-Family
0
Businesses
145
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Listed by: Larry Stephens • Cornerstone Realty Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12517121