737 N Spring AveLa Grange ParkIL60526
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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
Rental property for sale in La Grange Park at 737 N Spring Ave, La Grange Park, IL, 60526 priced at $691,800 pairs $3,478/mo rent with after a $3,386/mo payment. Total monthly income equals $3,478/mo. Return on cash invested is 13.1% in year one, and rental yield stands at 6.03% on a $691,800 basis. Equity gained on principal adds $4,464/yr, and 5% annual appreciation accumulates to $191,132 by year five. Five-year ROI measures 67.28% and total cumulative return in cash reaches $153,129. For financing, Ziffy Mortgage’s DSCR program evaluates $3,478/mo property income against a $3,386/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
6,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60526, La Grange Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,438 (100%) |
| Owner Occupied HU | 3,746 (68.9%) |
| Renter Occupied HU | 1,179 (21.7%) |
| Vacant Housing Units | 513 ( 9.4%) |
| Median Home Value | $424,827 |
| Average Home Value | $477,332 |
Housing Distribution
Address Breakdown
Residential
5,353
Single Family
3,847
Multi-Family
1,506
Businesses
176
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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