7 N Lincoln AveAddisonIL60101
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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 Addison at 7 N Lincoln Ave, Addison, IL, 60101 at $385,000 posts ROI 21.21% with $138/mo cash flow from $2,808/mo rent. Total monthly income equals $2,808/mo, and annual cash flow records $1,655/yr on $127,628 to close. Return on cash invested measures 21.21% and rental yield reads 8.75% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 110.76% and total cumulative return in cash totals $141,358.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,808/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
7,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60101, Addison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,473 (100%) |
| Owner Occupied HU | 8,912 (66.1%) |
| Renter Occupied HU | 4,113 (30.5%) |
| Vacant Housing Units | 448 ( 3.3%) |
| Median Home Value | $334,016 |
| Average Home Value | $350,017 |
Housing Distribution
Address Breakdown
Residential
13,358
Single Family
9,382
Multi-Family
3,976
Businesses
1,937
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