526 Laramie AveWilmetteIL60091
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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 Wilmette at 526 Laramie Ave, Wilmette, IL, 60091 at $326,430 posts ROI 37.67% with $1,601/mo cash flow from $3,947/mo rent. Total monthly income equals $3,947/mo, and annual cash flow records $19,215/yr on $108,212 to close. Return on cash invested measures 37.67% and rental yield reads 14.51% at the current $326,430. Equity gained on principal adds $2,106/yr, and 5% annual appreciation supports $90,187 by year five. Five-year ROI prints 199.39% and total cumulative return in cash totals $215,766.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,947/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
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