417 W Garfield AveCissna ParkIL60924
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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 Cissna Park at 417 W Garfield Ave, Cissna Park, IL, 60924 priced at $129,900 pairs $1,028/mo rent with $127/mo cash flow after a $636/mo payment. Total monthly income equals $1,028/mo, and annual cash flow comes to $1,521/yr on $43,062 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 9.5% on a $129,900 basis. Equity gained on principal adds $838/yr, and 5% annual appreciation accumulates to $35,889 by year five. Five-year ROI measures 122.8% and total cumulative return in cash reaches $52,879. For financing, Ziffy Mortgage’s DSCR program evaluates $1,028/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60924, Cissna Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 593 (69.8%) |
| Renter Occupied HU | 150 (17.6%) |
| Vacant Housing Units | 107 (12.6%) |
| Median Home Value | $160,791 |
| Average Home Value | $172,411 |
Housing Distribution
Address Breakdown
Residential
504
Single Family
472
Multi-Family
32
Businesses
80
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Listed by: Ryan Dallas • RYAN DALLAS REAL ESTATE
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12492047