(Undisclosed Address)NilesIL60714
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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
Rental property for sale in Niles at (Undisclosed Address), Niles, IL, 60714 priced at $680,000 pairs $7,200/mo rent with $2,484/mo cash flow after a $3,328/mo payment. Total monthly income equals $7,200/mo, and annual cash flow comes to $29,804/yr on $223,720 invested. Return on cash invested is 33.38% in year one, and rental yield stands at 12.71% on a $680,000 basis. Equity gained on principal adds $4,388/yr, and 5% annual appreciation accumulates to $187,871 by year five. Five-year ROI measures 176.05% and total cumulative return in cash reaches $393,852. For financing, Ziffy Mortgage’s DSCR program evaluates $7,200/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1959
8,235 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60714, Niles, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,300 (100%) |
| Owner Occupied HU | 9,267 (69.7%) |
| Renter Occupied HU | 3,267 (24.6%) |
| Vacant Housing Units | 766 ( 5.8%) |
| Median Home Value | $355,617 |
| Average Home Value | $390,652 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
8,229
Multi-Family
3,909
Businesses
1,257
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.