403 S Oak StItascaIL60143
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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 Itasca at 403 S Oak St, Itasca, IL, 60143 offers $6,599/mo rent that, after a $1,188/mo payment, leaves $3,852/mo cash flow. Total monthly income is $6,599/mo, and annual cash flow is $46,228/yr on $80,429 cash. Return on cash invested measures 77.39% in year one, and rental yield stands at 32.64% at a $242,620 entry. Equity gained on principal adds $1,566/yr while 5% annual appreciation compounds into $67,031 by year five. Five-year ROI records 417.83% and total cumulative return in cash reaches $336,057. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,599/mo property income versus a $1,188/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60143, Itasca, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,186 (100%) |
| Owner Occupied HU | 3,041 (72.6%) |
| Renter Occupied HU | 940 (22.5%) |
| Vacant Housing Units | 205 ( 4.9%) |
| Median Home Value | $436,032 |
| Average Home Value | $511,510 |
Housing Distribution
Address Breakdown
Residential
4,274
Single Family
3,440
Multi-Family
834
Businesses
881
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