517 Highlands PkwyItascaIL60143
Nearby investment properties with comparable rents
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
Rental property for sale in Itasca at 517 Highlands Pkwy, Itasca, IL, 60143 priced at $539,900 pairs $4,526/mo rent with $482/mo cash flow after a $2,643/mo payment. Total monthly income equals $4,526/mo, and annual cash flow comes to $5,780/yr on $177,627 invested. Return on cash invested is 23.31% in year one, and rental yield stands at 10.06% on a $539,900 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,164 by year five. Five-year ROI measures 122.79% and total cumulative return in cash reaches $218,107. For financing, Ziffy Mortgage’s DSCR program evaluates $4,526/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
1,968 sqft lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60143, Itasca, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,186 (100%) |
| Owner Occupied HU | 3,041 (72.6%) |
| Renter Occupied HU | 940 (22.5%) |
| Vacant Housing Units | 205 ( 4.9%) |
| Median Home Value | $436,032 |
| Average Home Value | $511,510 |
Housing Distribution
Address Breakdown
Residential
4,274
Single Family
3,440
Multi-Family
834
Businesses
881
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annette Sitnik • Team Realty Co.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12043927
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)