1408 Spruce LnWestmontIL60559
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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 $3,143/mo, and a $2,271/mo payment. Purchase price stands at $464,000, and rental yield measures 8.13% with $3,143/mo rent. Return on cash invested shows 19.32% in year one, and 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 100.68% and total cumulative return in cash records $154,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,143/mo property income covering a $2,271/mo payment rather than investor’s personal income.
Single Family
Built in 1981
8,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60559, Westmont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,676 (100%) |
| Owner Occupied HU | 6,529 (55.9%) |
| Renter Occupied HU | 4,489 (38.4%) |
| Vacant Housing Units | 658 ( 5.6%) |
| Median Home Value | $436,150 |
| Average Home Value | $515,152 |
Housing Distribution
Address Breakdown
Residential
10,423
Single Family
6,542
Multi-Family
3,881
Businesses
1,192
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