815 Mulford StEvanstonIL60202
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 Evanston at 815 Mulford St, Evanston, IL, 60202 at $547,500 posts ROI 22.91% with $427/mo cash flow from $4,225/mo rent. Total monthly income equals $4,225/mo, and annual cash flow records $5,126/yr on $180,128 to close. Return on cash invested measures 22.91% and rental yield reads 9.26% at the current $547,500. Equity gained on principal adds $3,533/yr, and 5% annual appreciation supports $151,264 by year five. Five-year ROI prints 119.88% and total cumulative return in cash totals $215,945.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,225/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1923
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60202, Evanston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,152 (100%) |
| Owner Occupied HU | 7,762 (51.2%) |
| Renter Occupied HU | 6,343 (41.9%) |
| Vacant Housing Units | 1,047 ( 6.9%) |
| Median Home Value | $425,814 |
| Average Home Value | $522,888 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
5,968
Multi-Family
8,524
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices