1022 Eastern AveBellwoodIL60104
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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 Bellwood at 1022 Eastern Ave, Bellwood, IL, 60104 earns from $1,524/mo rent with a $1,101/mo payment. Total monthly income totals $1,524/mo. ROI tracks 19.33% on current figures, and rental yield reads 8.13% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 100.71% and total cumulative return in cash sums $75,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,524/mo property income instead of your personal income.
Single Family
Built in 1955
3,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60104, Bellwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 4,579 (67.9%) |
| Renter Occupied HU | 1,753 (26.0%) |
| Vacant Housing Units | 412 ( 6.1%) |
| Median Home Value | $232,014 |
| Average Home Value | $263,671 |
Housing Distribution
Address Breakdown
Residential
6,362
Single Family
5,486
Multi-Family
876
Businesses
326
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