8912 Forestview RdEvanstonIL60203
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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 Evanston at 8912 Forestview Rd, Evanston, IL, 60203 listed at $724,777 pairs $4,200/mo rent with a $3,547/mo payment. Total monthly income runs $4,200/mo. Return on cash invested measures 15.9% in year one, and rental yield registers 6.95% at a $724,777 basis. Equity gained on principal adds $4,677/yr, and annual property appreciation at 5% supports $200,243 by year five. Five-year ROI tracks 82.31% and total cumulative return in cash totals $196,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,200/mo property income relative to a $3,547/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1951
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Toni Dortch • Realty of America, LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12299164
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