52 N 6th AveDes PlainesIL60016
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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 Des Plaines at 52 N 6th Ave, Des Plaines, IL, 60016 with 5% annual appreciation on a $319,900 basis while $2,827/mo rent supports operations. Total monthly income totals $2,827/mo and a $1,566/mo payment preserves $608/mo for cash returns. Annual cash flow comes to $7,294/yr on $106,047 deployed, and return on cash invested reaches 26.79% in year one. Equity gained on principal adds $2,064/yr, and five-year appreciation sums $88,382 alongside rental yield of 10.6%. Five-year ROI measures 140.7% and total cumulative return in cash totals $149,204.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,827/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60016, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,341 (100%) |
| Owner Occupied HU | 16,181 (61.4%) |
| Renter Occupied HU | 8,194 (31.1%) |
| Vacant Housing Units | 1,966 ( 7.5%) |
| Median Home Value | $323,180 |
| Average Home Value | $335,747 |
Housing Distribution
Address Breakdown
Residential
25,701
Single Family
12,431
Multi-Family
13,270
Businesses
1,198
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Listed by: Becky "L" Lippstreuer • Starck Real Estate
Mls Name: BHHS broker feed
Mls ID: #12400468