450 Northgate CtRiversideIL60546
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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 Riverside at 450 Northgate Ct, Riverside, IL, 60546 with 5% annual appreciation on a $359,900 basis while $2,320/mo rent supports operations. 13% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 7.74%. Five-year ROI measures 94.31% and total cumulative return in cash totals $112,514. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,320/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1917
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60546, Riverside, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,659 (100%) |
| Owner Occupied HU | 4,779 (71.8%) |
| Renter Occupied HU | 1,536 (23.1%) |
| Vacant Housing Units | 344 ( 5.2%) |
| Median Home Value | $391,425 |
| Average Home Value | $462,132 |
Housing Distribution
Address Breakdown
Residential
6,447
Single Family
5,161
Multi-Family
1,286
Businesses
634
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