9355 Irving Park Rd APT 404Schiller ParkIL60176
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 Schiller Park at 9355 Irving Park Rd APT 404, Schiller Park, IL, 60176 offers a 9.33% rental yield on a $269,900 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $1,321/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,711/yr on $89,472 to close, and return on cash invested stands at 22.94% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 120.06% and total cumulative return in cash at $107,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60176, Schiller Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,612 (100%) |
| Owner Occupied HU | 2,489 (54.0%) |
| Renter Occupied HU | 1,876 (40.7%) |
| Vacant Housing Units | 247 ( 5.4%) |
| Median Home Value | $289,521 |
| Average Home Value | $381,041 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
2,423
Multi-Family
2,149
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Manuela Papazisi • Coldwell Banker Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12553848