9864 Leland Ave UNIT 309Schiller ParkIL60176
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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 Schiller Park at 9864 Leland Ave UNIT 309, Schiller Park, IL, 60176 earns from $2,447/mo rent with a $1,997/mo payment. Total monthly income totals $2,447/mo. ROI tracks 16.51% on current figures, and rental yield reads 7.2% at a $408,000 purchase. Equity gained on principal adds $2,633/yr, and 5% annual appreciation supports $112,723 over five years. Five-year ROI reaches 85.59% and total cumulative return in cash sums $115,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,447/mo property income instead of your personal income.
Condo
Built in 2008
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
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Listed by: Meldina Dervisevic • Century 21 Dream Homes
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12531446