7480 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
Rental property for sale in Loves Park at 7480 Thomas Dr, Loves Park, IL, 61111 offers $1,802/mo rent that, after a $1,018/mo payment, leaves $160/mo cash flow. Total monthly income is $1,802/mo, and annual cash flow is $1,924/yr on $68,952 cash. Return on cash invested measures 22.7% in year one, and rental yield stands at 10.4% at a $208,000 entry. Equity gained on principal adds $1,342/yr while 5% annual appreciation compounds into $57,467 by year five. Five-year ROI records 120.08% and total cumulative return in cash reaches $82,800. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,802/mo property income versus a $1,018/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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: #202502077
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.