138 Redmond DrGilbertsIL60136
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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 Gilberts at 138 Redmond Dr, Gilberts, IL, 60136 uses $149,175 cash to close to unlock $10,659/yr annual cash flow and $888/mo monthly cash flow. Total monthly income runs $4,010/mo, and a $2,203/mo payment keeps the spread at $888/mo. Purchase price stands at $450,000, and rental yield measures 10.69% with $4,010/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash records $212,070. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,010/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,855 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60136, Gilberts, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 2,539 (87.1%) |
| Renter Occupied HU | 311 (10.7%) |
| Vacant Housing Units | 65 ( 2.2%) |
| Median Home Value | $369,609 |
| Average Home Value | $382,686 |
Housing Distribution
Address Breakdown
Residential
2,875
Single Family
2,875
Multi-Family
0
Businesses
251
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