400 Ascot Dr APT 1HPark RidgeIL60068
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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 Park Ridge at 400 Ascot Dr APT 1H, Park Ridge, IL, 60068 priced at $257,900 pairs $1,810/mo rent with after a $1,262/mo payment. Total monthly income equals $1,810/mo. Return on cash invested is 11.41% in year one, and rental yield stands at 8.42% on a $257,900 basis. Equity gained on principal adds $1,664/yr, and 5% annual appreciation accumulates to $71,253 by year five. Five-year ROI measures 61.46% and total cumulative return in cash reaches $52,542. For financing, Ziffy Mortgage’s DSCR program evaluates $1,810/mo property income against a $1,262/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
$627 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60068, Park Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,048 (100%) |
| Owner Occupied HU | 12,137 (80.7%) |
| Renter Occupied HU | 2,171 (14.4%) |
| Vacant Housing Units | 740 ( 4.9%) |
| Median Home Value | $532,331 |
| Average Home Value | $584,680 |
Housing Distribution
Address Breakdown
Residential
15,052
Single Family
12,148
Multi-Family
2,904
Businesses
1,440
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Listed by: Susan James • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12291110
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)