48 N Park RdLa GrangeIL60525
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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
Rental property for sale in La Grange at 48 N Park Rd, La Grange, IL, 60525 priced at $949,900 pairs $4,212/mo rent with after a $4,649/mo payment. Total monthly income equals $4,212/mo. Return on cash invested is 10.94% in year one, and rental yield stands at 5.32% on a $949,900 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,440 by year five. Five-year ROI measures 55.67% and total cumulative return in cash reaches $173,982. For financing, Ziffy Mortgage’s DSCR program evaluates $4,212/mo property income against a $4,649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60525, La Grange, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,466 (100%) |
| Owner Occupied HU | 9,822 (72.9%) |
| Renter Occupied HU | 2,517 (18.7%) |
| Vacant Housing Units | 1,127 ( 8.4%) |
| Median Home Value | $439,538 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,997
Multi-Family
3,151
Businesses
1,523
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