7303 N Kildare AveLincolnwoodIL60712
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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 7303 N Kildare Ave, Lincolnwood, IL, 60712 uses $157,463 cash to close to unlock $6,542/yr annual cash flow and $545/mo monthly cash flow. Total monthly income runs $3,840/mo, and a $2,325/mo payment keeps the spread at $545/mo. Purchase price stands at $475,000, and rental yield measures 9.7% with $3,840/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash records $198,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $2,325/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,289 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
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Listed by: Nancy Huetteman • Redfin Corporation
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12532814