432 Harrison St APT 3Oak ParkIL60304
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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 Oak Park at 432 Harrison St APT 3, Oak Park, IL, 60304 uses $46,079 cash to close to unlock $1,598/yr annual cash flow and $133/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $680/mo payment keeps the spread at $133/mo. Purchase price stands at $139,000, and rental yield measures 9.47% with $1,097/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 122.5% and total cumulative return in cash records $56,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $680/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
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