617 S Madison AveLa GrangeIL60525
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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 at 617 S Madison Ave, La Grange, IL, 60525 offers $4,200/mo rent that, after a $3,259/mo payment. Total monthly income is $4,200/mo. Return on cash invested measures 17.77% in year one, and rental yield stands at 7.57% at a $665,900 entry. Equity gained on principal adds $4,297/yr while 5% annual appreciation compounds into $183,976 by year five. Five-year ROI records 92.32% and total cumulative return in cash reaches $202,262. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $3,259/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
8,712 sqft 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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