4902 106th AveMilanIL61264
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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 Milan at 4902 106th Ave, Milan, IL, 61264 uses $97,793 cash to close to unlock $3,680/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,353/mo, and a $1,444/mo payment keeps the spread at $307/mo. Purchase price stands at $295,000, and rental yield measures 9.57% with $2,353/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash records $121,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61264, Milan, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,802 (100%) |
| Owner Occupied HU | 3,339 (69.5%) |
| Renter Occupied HU | 1,048 (21.8%) |
| Vacant Housing Units | 415 ( 8.6%) |
| Median Home Value | $183,859 |
| Average Home Value | $200,162 |
Housing Distribution
Address Breakdown
Residential
4,785
Single Family
4,379
Multi-Family
406
Businesses
446
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Listed by: Robert Strupp • Home Marketor, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263932
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.