7469 Thomas DrLoves ParkIL61111
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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 Loves Park at 7469 Thomas Dr, Loves Park, IL, 61111 uses $67,958 cash to close to unlock $2,693/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,845/mo, and a $1,003/mo payment keeps the spread at $224/mo. Purchase price stands at $205,000, and rental yield measures 10.8% with $1,845/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 126.39% and total cumulative return in cash records $85,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,845/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61111, Loves Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,578 (100%) |
| Owner Occupied HU | 6,876 (65.0%) |
| Renter Occupied HU | 3,248 (30.7%) |
| Vacant Housing Units | 454 ( 4.3%) |
| Median Home Value | $166,525 |
| Average Home Value | $191,823 |
Housing Distribution
Address Breakdown
Residential
10,594
Single Family
10,170
Multi-Family
424
Businesses
1,016
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Listed by: John Juliano • Berkshire Hathaway Homeservices Crosby Starck Re
Mls Name: NorthWest Illinois Alliance of REALTORS
Mls Provider:
Mls ID: #202503845
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