8225 Lake StRiver ForestIL60305
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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
Rental property for sale in River Forest at 8225 Lake St, River Forest, IL, 60305 generates $2,040/mo in rent, after a $2,619/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 8.67% in year one, and rental yield is 4.58% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 43.51% and total cumulative return in cash sums $76,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1913
5,568 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60305, River Forest, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,291 (100%) |
| Owner Occupied HU | 3,492 (81.4%) |
| Renter Occupied HU | 515 (12.0%) |
| Vacant Housing Units | 284 ( 6.6%) |
| Median Home Value | $693,745 |
| Average Home Value | $736,041 |
Housing Distribution
Address Breakdown
Residential
4,222
Single Family
2,966
Multi-Family
1,256
Businesses
420
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Listed by: Daniel Cox • Redfin Corporation
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540879