7211 Division St APT C2River ForestIL60305
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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 River Forest at 7211 Division St APT C2, River Forest, IL, 60305 uses $56,355 cash to close to unlock $2,123/yr annual cash flow and $177/mo monthly cash flow. Total monthly income runs $1,356/mo, and a $832/mo payment keeps the spread at $177/mo. Purchase price stands at $170,000, and rental yield measures 9.57% with $1,356/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash records $69,885. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,356/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60305, River Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 3,492 (81.4%) |
| Renter Occupied HU | 515 (12.0%) |
| Vacant Housing Units | 284 ( 6.6%) |
| Median Home Value | $693,745 |
| Average Home Value | $736,041 |
Housing Distribution
Address Breakdown
Residential
4,222
Single Family
2,966
Multi-Family
1,256
Businesses
420
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Listed by: Claudia Tapia • Northwest Suburban Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12480471