4060 Hampton AveWestern SpringsIL60558
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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 Western Springs at 4060 Hampton Ave, Western Springs, IL, 60558 generates $5,506/mo in rent, after a $4,576/mo payment. Total monthly income is $5,506/mo. Return on cash invested sits at 16.24% in year one, and rental yield is 7.07% on a $935,000 entry. Equity gained on principal adds $6,033/yr, while 5% annual appreciation builds toward $258,323 over five years. Five-year ROI reaches 84.14% and total cumulative return in cash sums $258,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,506/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60558, Western Springs, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,731 (100%) |
| Owner Occupied HU | 4,286 (90.6%) |
| Renter Occupied HU | 235 ( 5.0%) |
| Vacant Housing Units | 210 ( 4.4%) |
| Median Home Value | $661,304 |
| Average Home Value | $755,342 |
Housing Distribution
Address Breakdown
Residential
4,697
Single Family
4,601
Multi-Family
96
Businesses
315
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Listed by: Sarah Swanson • Compass
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12448601