4618 River Rd APT 1DSchiller ParkIL60176
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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 Schiller Park at 4618 River Rd APT 1D, Schiller Park, IL, 60176 offers a 9.1% rental yield on a $169,000 purchase with $1,282/mo rent. Total monthly income registers $1,282/mo, and a $827/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,319/yr on $56,024 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 116.43% and total cumulative return in cash at $65,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,282/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60176, Schiller Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 2,489 (54.0%) |
| Renter Occupied HU | 1,876 (40.7%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $289,521 |
| Average Home Value | $381,041 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
2,423
Multi-Family
2,149
Businesses
439
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Listed by: Arthur Williams • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12534364