443 Ferdinand AveForest ParkIL60130
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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 Forest Park at 443 Ferdinand Ave, Forest Park, IL, 60130 uses $145,827 cash to close to unlock $7,750/yr annual cash flow and $646/mo monthly cash flow. Total monthly income runs $3,697/mo, and a $2,153/mo payment keeps the spread at $646/mo. Purchase price stands at $439,900, and rental yield measures 10.09% with $3,697/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 132.31% and total cumulative return in cash records $192,939. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,697/mo property income covering a $2,153/mo payment rather than investor’s personal income.
Single Family
Built in 1889
6,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60130, Forest Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 3,698 (45.3%) |
| Renter Occupied HU | 3,811 (46.7%) |
| Vacant Housing Units | 646 ( 7.9%) |
| Median Home Value | $348,058 |
| Average Home Value | $382,950 |
Housing Distribution
Address Breakdown
Residential
7,730
Single Family
3,523
Multi-Family
4,207
Businesses
567
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Listed by: Christopher Clark • Grandview Realty, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12543709