400 Ascot Dr APT 3MPark RidgeIL60068
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
Investment property for sale in Park Ridge at 400 Ascot Dr APT 3M, Park Ridge, IL, 60068 earns from $1,470/mo rent with a $1,057/mo payment. Total monthly income totals $1,470/mo. ROI tracks 19.44% on current figures, and rental yield reads 8.17% at a $215,900 purchase. Equity gained on principal adds $1,393/yr, and 5% annual appreciation supports $59,649 over five years. Five-year ROI reaches 101.38% and total cumulative return in cash sums $72,560. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,470/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannie Poteracki • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12529670