7201 N Lincoln Ave APT 301LincolnwoodIL60712
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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 7201 N Lincoln Ave APT 301, Lincolnwood, IL, 60712 earns from $2,283/mo rent with a $1,664/mo payment. Total monthly income totals $2,283/mo. ROI tracks 19.11% on current figures, and rental yield reads 8.06% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 99.59% and total cumulative return in cash sums $112,211. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,283/mo property income instead of your personal income.
Condo
Built in 1980
N/A 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: Marcia Mack • Baird & Warner
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12496881