8506 Parkside AveBurbankIL60459
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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 Burbank at 8506 Parkside Ave, Burbank, IL, 60459 earns $184/mo cash flow from $1,536/mo rent with a $954/mo payment. Total monthly income totals $1,536/mo, and annual cash flow totals $2,209/yr on $64,609 capital. ROI tracks 23.33% on current figures, and rental yield reads 9.46% at a $194,900 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,847 over five years. Five-year ROI reaches 122.23% and total cumulative return in cash sums $78,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,536/mo property income instead of your personal income.
Single Family
Built in 1959
3,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60459, Burbank, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,671 (100%) |
| Owner Occupied HU | 7,436 (76.9%) |
| Renter Occupied HU | 1,864 (19.3%) |
| Vacant Housing Units | 371 ( 3.8%) |
| Median Home Value | $286,176 |
| Average Home Value | $306,851 |
Housing Distribution
Address Breakdown
Residential
9,489
Single Family
8,396
Multi-Family
1,093
Businesses
393
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