422 Beverly AveAddisonIL60101
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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 Addison at 422 Beverly Ave, Addison, IL, 60101 priced at $399,000 converts $2,866/mo rent into $98/mo cash flow after a $1,953/mo obligation. Total monthly income equals $2,866/mo, and annual cash flow totals $1,180/yr on $132,269 invested. Return on cash invested prints 20.8% in year one, and rental yield reads 8.62% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 108.63% and total cumulative return in cash sums $143,678. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,866/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60101, Addison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,473 (100%) |
| Owner Occupied HU | 8,912 (66.1%) |
| Renter Occupied HU | 4,113 (30.5%) |
| Vacant Housing Units | 448 ( 3.3%) |
| Median Home Value | $334,016 |
| Average Home Value | $350,017 |
Housing Distribution
Address Breakdown
Residential
13,358
Single Family
9,382
Multi-Family
3,976
Businesses
1,937
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