773 E Lincoln AveDes PlainesIL60018
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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 Des Plaines at 773 E Lincoln Ave, Des Plaines, IL, 60018 earns $74/mo cash flow from $3,515/mo rent with a $2,428/mo payment. Total monthly income totals $3,515/mo, and annual cash flow totals $892/yr on $164,424 capital. ROI tracks 20.45% on current figures, and rental yield reads 8.5% at a $496,000 purchase. Equity gained on principal adds $3,201/yr, and 5% annual appreciation supports $137,036 over five years. Five-year ROI reaches 106.74% and total cumulative return in cash sums $175,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,515/mo property income instead of your personal income.
Single Family
Built in 1956
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60018, Des Plaines, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,621 (100%) |
| Owner Occupied HU | 7,471 (70.3%) |
| Renter Occupied HU | 2,642 (24.9%) |
| Vacant Housing Units | 508 ( 4.8%) |
| Median Home Value | $323,190 |
| Average Home Value | $328,090 |
Housing Distribution
Address Breakdown
Residential
10,775
Single Family
8,063
Multi-Family
2,712
Businesses
1,635
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Listed by: Mariya Artemyshyn • KOMAR
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12492038