1111 Blanchard StDowners GroveIL60516
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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
Total monthly income runs $3,478/mo, and a $3,377/mo payment. Purchase price stands at $689,900, and rental yield measures 6.05% with $3,478/mo rent. Return on cash invested shows 13.15% in year one, and 5% annual appreciation builds toward $190,607 over five years. Five-year ROI reaches 67.55% and total cumulative return in cash records $153,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,478/mo property income covering a $3,377/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60516, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 9,447 (77.8%) |
| Renter Occupied HU | 2,199 (18.1%) |
| Vacant Housing Units | 497 ( 4.1%) |
| Median Home Value | $445,381 |
| Average Home Value | $482,842 |
Housing Distribution
Address Breakdown
Residential
11,886
Single Family
9,346
Multi-Family
2,540
Businesses
290
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Listed by: Eric E Eckert • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12446275