664 E Oakton StDes PlainesIL60018
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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 Des Plaines at 664 E Oakton St, Des Plaines, IL, 60018 priced at $419,800 pairs $2,452/mo rent with after a $2,055/mo payment. Total monthly income equals $2,452/mo. Return on cash invested is 15.94% in year one, and rental yield stands at 7.01% on a $419,800 basis. Equity gained on principal adds $2,709/yr, and 5% annual appreciation accumulates to $115,983 by year five. Five-year ROI measures 82.55% and total cumulative return in cash reaches $114,880. For financing, Ziffy Mortgage’s DSCR program evaluates $2,452/mo property income against a $2,055/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
7,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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Listed by: Arceli Antonio • RE/MAX City
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12533862