6084 S 75th AveSummit ArgoIL60501
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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 Summit Argo at 6084 S 75th Ave, Summit Argo, IL, 60501 earns from $1,228/mo rent with a $959/mo payment. Total monthly income totals $1,228/mo. ROI tracks 17.49% on current figures, and rental yield reads 7.52% at a $195,900 purchase. Equity gained on principal adds $1,264/yr, and 5% annual appreciation supports $54,124 over five years. Five-year ROI reaches 90.92% and total cumulative return in cash sums $59,045. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,228/mo property income instead of your personal income.
Single Family
Built in 1925
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60501, Summit Argo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,960 (100%) |
| Owner Occupied HU | 1,897 (47.9%) |
| Renter Occupied HU | 1,698 (42.9%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $246,220 |
| Average Home Value | $290,398 |
Housing Distribution
Address Breakdown
Residential
3,273
Single Family
2,759
Multi-Family
514
Businesses
323
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Listed by: Ryan Cherney • Circle One Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12409221