44 King Arthur Ct APT 12NorthlakeIL60164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northlake at 44 King Arthur Ct APT 12, Northlake, IL, 60164 earns $164/mo cash flow from $1,204/mo rent with a $734/mo payment. Total monthly income totals $1,204/mo, and annual cash flow totals $1,967/yr on $49,692 capital. ROI tracks 23.87% on current figures, and rental yield reads 9.64% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 125.06% and total cumulative return in cash sums $62,147. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,204/mo property income instead of your personal income.
Condo
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60164, Melrose Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,356 (100%) |
| Owner Occupied HU | 5,078 (69.0%) |
| Renter Occupied HU | 1,787 (24.3%) |
| Vacant Housing Units | 491 ( 6.7%) |
| Median Home Value | $253,896 |
| Average Home Value | $283,058 |
Housing Distribution
Address Breakdown
Residential
7,059
Single Family
5,387
Multi-Family
1,672
Businesses
403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices