540 W Center StItascaIL60143
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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 Itasca at 540 W Center St, Itasca, IL, 60143 generates $3,612/mo in rent, after a $2,740/mo payment. Total monthly income is $3,612/mo. Return on cash invested sits at 18.29% in year one, and rental yield is 7.74% on a $559,900 entry. Equity gained on principal adds $3,613/yr, while 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 95.13% and total cumulative return in cash sums $175,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,612/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,583 sqft lot
$N/A/sqft
No 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
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