505 Dover DrDes PlainesIL60018
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Nearby investment properties with comparable prices
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 Des Plaines at 505 Dover Dr, Des Plaines, IL, 60018 at $499,500 posts ROI 21.4% with $205/mo cash flow from $3,670/mo rent. Total monthly income equals $3,670/mo, and annual cash flow records $2,462/yr on $165,584 to close. Return on cash invested measures 21.4% and rental yield reads 8.82% at the current $499,500. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 by year five. Five-year ROI prints 111.8% and total cumulative return in cash totals $185,131.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
7,410 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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Listed by: Adam Smolen • Waclaw Smolen
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12525396