8236 Kedvale AveSkokieIL60076
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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 Skokie at 8236 Kedvale Ave, Skokie, IL, 60076 priced at $849,990 converts $4,007/mo rent into after a $4,160/mo obligation. Total monthly income equals $4,007/mo. Return on cash invested prints 11.96% in year one, and rental yield reads 5.66% against a $849,990 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,837 by year five. Five-year ROI reaches 61.15% and total cumulative return in cash sums $171,006. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,007/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1953
6,394 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60076, Skokie, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,989 (100%) |
| Owner Occupied HU | 8,721 (72.7%) |
| Renter Occupied HU | 2,682 (22.4%) |
| Vacant Housing Units | 586 ( 4.9%) |
| Median Home Value | $390,819 |
| Average Home Value | $432,471 |
Housing Distribution
Address Breakdown
Residential
11,730
Single Family
9,024
Multi-Family
2,706
Businesses
1,396
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Listed by: Peter Batarseh • Real People Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12341591
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)