5882 Concord CtHanover ParkIL60133
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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 Hanover Park at 5882 Concord Ct, Hanover Park, IL, 60133 with 5% annual appreciation on a $320,000 basis while $5,135/mo rent supports operations. Total monthly income totals $5,135/mo and a $1,566/mo payment preserves $2,916/mo for cash returns. Annual cash flow comes to $34,988/yr on $106,080 deployed, and return on cash invested reaches 52.89% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 19.26%. Five-year ROI measures 280.7% and total cumulative return in cash totals $297,771.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,135/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60133, Hanover Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,557 (100%) |
| Owner Occupied HU | 8,509 (73.6%) |
| Renter Occupied HU | 2,708 (23.4%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $276,631 |
| Average Home Value | $286,627 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
10,332
Multi-Family
1,270
Businesses
439
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Listed by: Sean Bonselaar • Bons Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12367737