430 Cunat Blvd APT 3DRichmondIL60071
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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
Investment property for sale in Richmond at 430 Cunat Blvd APT 3D, Richmond, IL, 60071 uses $43,095 cash to close to unlock $1,231/yr annual cash flow and $103/mo monthly cash flow. Total monthly income runs $1,004/mo, and a $636/mo payment keeps the spread at $103/mo. Purchase price stands at $130,000, and rental yield measures 9.27% with $1,004/mo rent. Return on cash invested shows 22.77% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 119.18% and total cumulative return in cash records $51,363. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,004/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60071, Richmond, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,809 (100%) |
| Owner Occupied HU | 1,188 (65.7%) |
| Renter Occupied HU | 498 (27.5%) |
| Vacant Housing Units | 123 ( 6.8%) |
| Median Home Value | $370,510 |
| Average Home Value | $400,069 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,270
Multi-Family
467
Businesses
219
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