734 Noyes St #02EvanstonIL60201
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 Evanston at 734 Noyes St #02, Evanston, IL, 60201 earns $103/mo cash flow from $894/mo rent with a $558/mo payment. Total monthly income totals $894/mo, and annual cash flow totals $1,239/yr on $37,791 capital. ROI tracks 23.19% on current figures, and rental yield reads 9.41% at a $114,000 purchase. Equity gained on principal adds $736/yr, and 5% annual appreciation supports $31,496 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash sums $45,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $894/mo property income instead of your personal income.
Condo
Built in 1927
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60201, Evanston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,520 (100%) |
| Owner Occupied HU | 9,418 (48.2%) |
| Renter Occupied HU | 7,818 (40.1%) |
| Vacant Housing Units | 2,284 (11.7%) |
| Median Home Value | $586,169 |
| Average Home Value | $643,981 |
Housing Distribution
Address Breakdown
Residential
18,839
Single Family
8,171
Multi-Family
10,668
Businesses
1,446
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices