8170 Northway DrHanover ParkIL60133
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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 Hanover Park at 8170 Northway Dr, Hanover Park, IL, 60133 earns from $2,219/mo rent with a $1,615/mo payment. Total monthly income totals $2,219/mo. ROI tracks 19.15% on current figures, and rental yield reads 8.07% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 99.75% and total cumulative return in cash sums $109,083. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,219/mo property income instead of your personal income.
Single Family
Built in 1971
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60133, Hanover Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,557 (100%) |
| Owner Occupied HU | 8,509 (73.6%) |
| Renter Occupied HU | 2,708 (23.4%) |
| Vacant Housing Units | 340 ( 2.9%) |
| Median Home Value | $276,631 |
| Average Home Value | $286,627 |
Housing Distribution
Address Breakdown
Residential
11,602
Single Family
10,332
Multi-Family
1,270
Businesses
439
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Listed by: Ivan Santos • O'Neil Property Group, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12458132