825 Clinton AveOak ParkIL60304
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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 Oak Park at 825 Clinton Ave, Oak Park, IL, 60304 generates $4,200/mo in rent and, after a $2,392/mo payment, leaves $810/mo in cash flow. Total monthly income is $4,200/mo, and annual cash flow is $9,720/yr on $162,037 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 10.31% on a $488,800 entry. Equity gained on principal adds $3,154/yr, while 5% annual appreciation builds toward $135,046 over five years. Five-year ROI reaches 136.02% and total cumulative return in cash sums $220,399. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60304, Oak Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,341 (100%) |
| Owner Occupied HU | 4,750 (64.7%) |
| Renter Occupied HU | 2,103 (28.6%) |
| Vacant Housing Units | 488 ( 6.6%) |
| Median Home Value | $460,565 |
| Average Home Value | $488,407 |
Housing Distribution
Address Breakdown
Residential
6,874
Single Family
4,960
Multi-Family
1,914
Businesses
487
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Listed by: Kyra Pych • RE/MAX In The Village
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12182336
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. 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](/info/mls-disclaimers/#mls_17)