7350 W Argyle StHarwood HeightsIL60706
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
Rental property for sale in Harwood Heights at 7350 W Argyle St, Harwood Heights, IL, 60706 generates $2,940/mo in rent and, after a $2,051/mo payment, leaves $34/mo in cash flow. Total monthly income is $2,940/mo, and annual cash flow is $402/yr on $138,899 invested. Return on cash invested sits at 20.2% in year one, and rental yield is 8.42% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 105.39% and total cumulative return in cash sums $146,381. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,940/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
4,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60706, Harwood Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,776 (100%) |
| Owner Occupied HU | 6,886 (70.4%) |
| Renter Occupied HU | 2,426 (24.8%) |
| Vacant Housing Units | 464 ( 4.7%) |
| Median Home Value | $360,180 |
| Average Home Value | $400,649 |
Housing Distribution
Address Breakdown
Residential
9,585
Single Family
7,225
Multi-Family
2,360
Businesses
618
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Bjorvik • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12503910