4646 W Fitch AveLincolnwoodIL60712
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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 Lincolnwood at 4646 W Fitch Ave, Lincolnwood, IL, 60712 listed at $629,000 pairs $5,870/mo rent with a $3,079/mo payment to leave $1,507/mo cash flow. Total monthly income runs $5,870/mo, and annual cash flow reaches $18,081/yr on $206,941 cash to close. Return on cash invested measures 28.8% in year one, and rental yield registers 11.2% at a $629,000 basis. Equity gained on principal adds $4,059/yr, and annual property appreciation at 5% supports $173,781 by year five. Five-year ROI tracks 151.46% and total cumulative return in cash totals $313,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,870/mo property income relative to a $3,079/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60712, Lincolnwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,891 (77.7%) |
| Renter Occupied HU | 761 (15.2%) |
| Vacant Housing Units | 356 ( 7.1%) |
| Median Home Value | $470,486 |
| Average Home Value | $542,312 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
3,928
Multi-Family
1,277
Businesses
641
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Listed by: Shoaib Aziz • Guidance Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12503822