6624 N Kenneth AveLincolnwoodIL60712
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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 Lincolnwood at 6624 N Kenneth Ave, Lincolnwood, IL, 60712 offers a 11.26% rental yield on a $464,900 purchase with $4,363/mo rent. Total monthly income registers $4,363/mo, and a $2,275/mo payment leaves $1,139/mo available for distribution. Annual cash flow reaches $13,666/yr on $154,114 to close, and return on cash invested stands at 28.78% in year one. Equity gained on principal adds $3,000/yr while 5% annual appreciation supports $128,443 over five years. Portfolio math shows five-year ROI at 151.37% and total cumulative return in cash at $233,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,363/mo property income against a $2,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
237,448,120 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60712, Lincolnwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,891 (77.7%) |
| Renter Occupied HU | 761 (15.2%) |
| Vacant Housing Units | 356 ( 7.1%) |
| Median Home Value | $470,486 |
| Average Home Value | $542,312 |
Housing Distribution
Address Breakdown
Residential
5,205
Single Family
3,928
Multi-Family
1,277
Businesses
641
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Listed by: Laura Lindgren • ALLURE Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12423129