6131 S Peck AveLa Grange HighlandsIL60525
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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 La Grange Highlands at 6131 S Peck Ave, La Grange Highlands, IL, 60525 generates $3,367/mo in rent and, after a $1,884/mo payment, leaves $697/mo in cash flow. Total monthly income is $3,367/mo, and annual cash flow is $8,363/yr on $127,628 invested. Return on cash invested sits at 26.46% in year one, and rental yield is 10.49% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 138.96% and total cumulative return in cash sums $177,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,367/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60525, La Grange, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,466 (100%) |
| Owner Occupied HU | 9,822 (72.9%) |
| Renter Occupied HU | 2,517 (18.7%) |
| Vacant Housing Units | 1,127 ( 8.4%) |
| Median Home Value | $439,538 |
| Average Home Value | $494,000 |
Housing Distribution
Address Breakdown
Residential
12,148
Single Family
8,997
Multi-Family
3,151
Businesses
1,523
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