830 Russell AveWinthrop HarborIL60096
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 Winthrop Harbor at 830 Russell Ave, Winthrop Harbor, IL, 60096 earns $1,429/mo cash flow from $3,910/mo rent with a $1,751/mo payment. Total monthly income totals $3,910/mo, and annual cash flow totals $17,143/yr on $118,601 capital. ROI tracks 34.36% on current figures, and rental yield reads 13.11% at a $357,772 purchase. Equity gained on principal adds $2,309/yr, and 5% annual appreciation supports $98,846 over five years. Five-year ROI reaches 181.34% and total cumulative return in cash sums $215,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,910/mo property income instead of your personal income.
Single Family
Built in 1972
8,450 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60096, Winthrop Harbor, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,810 (100%) |
| Owner Occupied HU | 2,160 (76.9%) |
| Renter Occupied HU | 541 (19.3%) |
| Vacant Housing Units | 109 ( 3.9%) |
| Median Home Value | $271,341 |
| Average Home Value | $293,688 |
Housing Distribution
Address Breakdown
Residential
2,662
Single Family
2,599
Multi-Family
63
Businesses
113
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Nearby investment properties with comparable prices
Listed by: Jeremy Schwab • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #11995962
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. [Click here for more information](/mls-disclaimers/#17)