411 Park AveCaryIL60013
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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 Cary at 411 Park Ave, Cary, IL, 60013 offers $3,810/mo rent that, after a $2,104/mo payment, leaves $828/mo cash flow. Total monthly income is $3,810/mo, and annual cash flow is $9,939/yr on $142,512 cash. Return on cash invested measures 26.88% in year one, and rental yield stands at 10.64% at a $429,900 entry. Equity gained on principal adds $2,774/yr while 5% annual appreciation compounds into $118,773 by year five. Five-year ROI records 141.23% and total cumulative return in cash reaches $201,271. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,810/mo property income versus a $2,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1998
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60013, Cary, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,872 (100%) |
| Owner Occupied HU | 8,527 (86.4%) |
| Renter Occupied HU | 988 (10.0%) |
| Vacant Housing Units | 357 ( 3.6%) |
| Median Home Value | $359,620 |
| Average Home Value | $384,516 |
Housing Distribution
Address Breakdown
Residential
9,776
Single Family
9,575
Multi-Family
201
Businesses
552
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