7225 N East Prairie RdLincolnwoodIL60712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7225 N East Prairie Rd, Lincolnwood, IL, 60712 offers a 10.22% rental yield on a $699,900 purchase with $5,963/mo rent. Total monthly income registers $5,963/mo, and a $3,426/mo payment leaves $1,108/mo available for distribution. Annual cash flow reaches $13,296/yr on $230,267 to close, and return on cash invested stands at 25.83% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 135.59% and total cumulative return in cash at $312,224. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,963/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,143 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sohail Salahuddin • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550490