120 S Spruce Ave APT 306Wood DaleIL60191
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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 $1,718/mo, and a $1,223/mo payment. Purchase price stands at $249,900, and rental yield measures 8.25% with $1,718/mo rent. Return on cash invested shows 19.69% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 102.63% and total cumulative return in cash records $85,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in 1973
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
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