932 Circle AveForest ParkIL60130
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
Rental property for sale in Forest Park at 932 Circle Ave, Forest Park, IL, 60130 generates $2,640/mo in rent and, after a $1,835/mo payment, leaves $39/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $472/yr on $124,313 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 8.45% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.87% and total cumulative return in cash sums $131,607. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
3,371 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60130, Forest Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,155 (100%) |
| Owner Occupied HU | 3,698 (45.3%) |
| Renter Occupied HU | 3,811 (46.7%) |
| Vacant Housing Units | 646 ( 7.9%) |
| Median Home Value | $348,058 |
| Average Home Value | $382,950 |
Housing Distribution
Address Breakdown
Residential
7,730
Single Family
3,523
Multi-Family
4,207
Businesses
567
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Cline • Keller Williams ONEChicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12540452