601 South Blvd APT EOak ParkIL60302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Oak Park at 601 South Blvd APT E, Oak Park, IL, 60302 generates $4,285/mo in rent and, after a $2,398/mo payment, leaves $512/mo in cash flow. Total monthly income is $4,285/mo, and annual cash flow is $6,141/yr on $162,402 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 10.5% on a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation builds toward $135,350 over five years. Five-year ROI reaches 125.1% and total cumulative return in cash sums $203,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,285/mo property income rather than buyer’s personal income.
Townhouse
Built in 2002
1,076 sqft lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60302, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,205 (100%) |
| Owner Occupied HU | 8,776 (54.2%) |
| Renter Occupied HU | 5,976 (36.9%) |
| Vacant Housing Units | 1,453 ( 9.0%) |
| Median Home Value | $527,016 |
| Average Home Value | $564,863 |
Housing Distribution
Address Breakdown
Residential
15,552
Single Family
6,924
Multi-Family
8,628
Businesses
783
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Nearby investment properties with comparable prices
Listed by: Martha Lozano • RE/MAX City
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12342884
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)