131 W Chicago AveDowners GroveIL60515
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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 Downers Grove at 131 W Chicago Ave, Downers Grove, IL, 60515 at $949,000 posts ROI 13.16% with from $4,786/mo rent. Total monthly income equals $4,786/mo. Return on cash invested measures 13.16% and rental yield reads 6.05% at the current $949,000. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 by year five. Five-year ROI prints 67.58% and total cumulative return in cash totals $211,008. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,786/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60515, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,633 (100%) |
| Owner Occupied HU | 9,103 (72.1%) |
| Renter Occupied HU | 2,885 (22.8%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $518,927 |
| Average Home Value | $573,113 |
Housing Distribution
Address Breakdown
Residential
12,238
Single Family
8,757
Multi-Family
3,481
Businesses
1,888
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Listed by: Devayani Pandav • Real Broker, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12524630