6607 Conrad AveHodgkinsIL60525
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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 Hodgkins at 6607 Conrad Ave, Hodgkins, IL, 60525 earns $531/mo cash flow from $2,473/mo rent with a $1,370/mo payment. Total monthly income totals $2,473/mo, and annual cash flow totals $6,376/yr on $92,820 capital. ROI tracks 26.78% on current figures, and rental yield reads 10.6% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 140.69% and total cumulative return in cash sums $130,593. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,473/mo property income instead of your personal income.
Multi Family
Built in 1951
6,098 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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