918 E Old Willow Rd APT 103Prospect HeightsIL60070
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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 Prospect Heights at 918 E Old Willow Rd APT 103, Prospect Heights, IL, 60070 earns $156/mo cash flow from $1,473/mo rent with a $929/mo payment. Total monthly income totals $1,473/mo, and annual cash flow totals $1,875/yr on $62,952 capital. ROI tracks 22.89% on current figures, and rental yield reads 9.31% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 119.85% and total cumulative return in cash sums $75,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,473/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60070, Prospect Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,521 (100%) |
| Owner Occupied HU | 3,960 (60.7%) |
| Renter Occupied HU | 2,166 (33.2%) |
| Vacant Housing Units | 395 ( 6.1%) |
| Median Home Value | $328,767 |
| Average Home Value | $362,054 |
Housing Distribution
Address Breakdown
Residential
6,470
Single Family
3,637
Multi-Family
2,833
Businesses
411
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Listed by: Dorota Lason • HomeSmart Connect LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544945