525 Homestead RdLa Grange ParkIL60526
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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
Rental property for sale in La Grange Park at 525 Homestead Rd, La Grange Park, IL, 60526 priced at $310,000 pairs $2,897/mo rent with $747/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,897/mo, and annual cash flow comes to $8,965/yr on $102,765 invested. Return on cash invested is 28.63% in year one, and rental yield stands at 11.21% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 150.63% and total cumulative return in cash reaches $154,795. For financing, Ziffy Mortgage’s DSCR program evaluates $2,897/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
6,660 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60526, La Grange Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,438 (100%) |
| Owner Occupied HU | 3,746 (68.9%) |
| Renter Occupied HU | 1,179 (21.7%) |
| Vacant Housing Units | 513 ( 9.4%) |
| Median Home Value | $424,827 |
| Average Home Value | $477,332 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
3,847
Multi-Family
1,506
Businesses
176
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Listed by: Janie Bavido • CENTURY 21 New Heritage West
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12487289