1044 S Ellsworth AveAddisonIL60101
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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 Addison at 1044 S Ellsworth Ave, Addison, IL, 60101 uses $124,313 cash to close to unlock $6,064/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $3,106/mo, and a $1,835/mo payment keeps the spread at $505/mo. Purchase price stands at $375,000, and rental yield measures 9.94% with $3,106/mo rent. Return on cash invested shows 24.79% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 130% and total cumulative return in cash records $161,607. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,106/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60101, Addison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,473 (100%) |
| Owner Occupied HU | 8,912 (66.1%) |
| Renter Occupied HU | 4,113 (30.5%) |
| Vacant Housing Units | 448 ( 3.3%) |
| Median Home Value | $334,016 |
| Average Home Value | $350,017 |
Housing Distribution
Address Breakdown
Residential
13,358
Single Family
9,382
Multi-Family
3,976
Businesses
1,937
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