8128 Laramie AveSkokieIL60077
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
Total monthly income runs $3,600/mo, and a $4,736/mo payment. Purchase price stands at $967,663, and rental yield measures 4.46% with $3,600/mo rent. Return on cash invested shows 8.33% in year one, and 5% annual appreciation builds toward $267,347 over five years. Five-year ROI reaches 41.71% and total cumulative return in cash records $132,795. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $4,736/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60077, Skokie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,412 (100%) |
| Owner Occupied HU | 6,835 (59.9%) |
| Renter Occupied HU | 3,980 (34.9%) |
| Vacant Housing Units | 597 ( 5.2%) |
| Median Home Value | $354,218 |
| Average Home Value | $389,827 |
Housing Distribution
Address Breakdown
Residential
11,210
Single Family
5,188
Multi-Family
6,022
Businesses
1,340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices