5032 Lee StSkokieIL60077
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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 Skokie at 5032 Lee St, Skokie, IL, 60077 with 5% annual appreciation on a $389,999 basis while $5,208/mo rent supports operations. Total monthly income totals $5,208/mo and a $1,909/mo payment preserves $2,503/mo for cash returns. Annual cash flow comes to $30,033/yr on $129,285 deployed, and return on cash invested reaches 43.14% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 16.02%. Five-year ROI measures 228.39% and total cumulative return in cash totals $295,268.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,208/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
5,084 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60077, Skokie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,412 (100%) |
| Owner Occupied HU | 6,835 (59.9%) |
| Renter Occupied HU | 3,980 (34.9%) |
| Vacant Housing Units | 597 ( 5.2%) |
| Median Home Value | $354,218 |
| Average Home Value | $389,827 |
Housing Distribution
Address Breakdown
Residential
11,210
Single Family
5,188
Multi-Family
6,022
Businesses
1,340
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Listed by: Daniel Akorede • Daniel Akorede
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12129077
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