499 Longcommon RdRiversideIL60546
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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 499 Longcommon Rd, Riverside, IL, 60546 offers a 9.3% rental yield on a $525,000 purchase with $4,068/mo rent. Total monthly income registers $4,068/mo, and a $2,570/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,113/yr on $172,725 to close, and return on cash invested stands at 23.02% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 120.5% and total cumulative return in cash at $208,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,068/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,276 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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