(Undisclosed Address)Park RidgeIL60068
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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 Park Ridge at (Undisclosed Address), Park Ridge, IL, 60068 at $193,000 posts ROI 38.72% with $1,003/mo cash flow from $2,982/mo rent. Total monthly income equals $2,982/mo, and annual cash flow records $12,035/yr on $63,980 to close. Return on cash invested measures 38.72% and rental yield reads 18.54% at the current $193,000. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 by year five. Five-year ROI prints 209.03% and total cumulative return in cash totals $133,734.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,982/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1971
N/A lot
$N/A/sqft
$640 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60068, Park Ridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,048 (100%) |
| Owner Occupied HU | 12,137 (80.7%) |
| Renter Occupied HU | 2,171 (14.4%) |
| Vacant Housing Units | 740 ( 4.9%) |
| Median Home Value | $532,331 |
| Average Home Value | $584,680 |
Housing Distribution
Address Breakdown
Residential
15,052
Single Family
12,148
Multi-Family
2,904
Businesses
1,440
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Michael Lohens • RE/MAX Properties Northwest
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12369421
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)