1535 Glenn DrNorth ChicagoIL60064
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Nearby investment properties with comparable prices
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 North Chicago at 1535 Glenn Dr, North Chicago, IL, 60064 offers a 9.6% rental yield on a $150,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $734/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,917/yr on $49,725 to close, and return on cash invested stands at 23.76% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 124.49% and total cumulative return in cash at $61,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
6,159 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60064, North Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 2,216 (40.6%) |
| Renter Occupied HU | 2,649 (48.6%) |
| Vacant Housing Units | 591 (10.8%) |
| Median Home Value | $162,793 |
| Average Home Value | $246,053 |
Housing Distribution
Address Breakdown
Residential
5,067
Single Family
4,080
Multi-Family
987
Businesses
325
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Listed by: Winfield Cohen • Keller Williams Success Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12433590