7712 Harvard St UNIT 7712Forest ParkIL60130
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 Forest Park at 7712 Harvard St UNIT 7712, Forest Park, IL, 60130 offers a 11.22% rental yield on a $290,000 purchase with $2,711/mo rent. Total monthly income registers $2,711/mo, and a $1,419/mo payment leaves $500/mo available for distribution. Annual cash flow reaches $5,999/yr on $96,135 to close, and return on cash invested stands at 26.15% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 138.19% and total cumulative return in cash at $132,844. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,711/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1991
1,476 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60130, Forest Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 3,698 (45.3%) |
| Renter Occupied HU | 3,811 (46.7%) |
| Vacant Housing Units | 646 ( 7.9%) |
| Median Home Value | $348,058 |
| Average Home Value | $382,950 |
Housing Distribution
Address Breakdown
Residential
7,730
Single Family
3,523
Multi-Family
4,207
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A