1074 Elmwood LnElk Grove VillageIL60007
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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 Elk Grove Village at 1074 Elmwood Ln, Elk Grove Village, IL, 60007 listed at $347,300 pairs $3,268/mo rent with a $1,700/mo payment to leave $859/mo cash flow. Total monthly income runs $3,268/mo, and annual cash flow reaches $10,307/yr on $115,130 cash to close. Return on cash invested measures 28.86% in year one, and rental yield registers 11.29% at a $347,300 basis. Equity gained on principal adds $2,241/yr, and annual property appreciation at 5% supports $95,953 by year five. Five-year ROI tracks 151.82% and total cumulative return in cash totals $174,786. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,268/mo property income relative to a $1,700/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60007, Elk Grove Village, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,114 (100%) |
| Owner Occupied HU | 10,272 (72.8%) |
| Renter Occupied HU | 3,299 (23.4%) |
| Vacant Housing Units | 543 ( 3.8%) |
| Median Home Value | $341,414 |
| Average Home Value | $362,357 |
Housing Distribution
Address Breakdown
Residential
14,049
Single Family
10,397
Multi-Family
3,652
Businesses
2,852
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A