161 N Waters Edge Dr APT 202Glendale HeightsIL60139
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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 Glendale Heights at 161 N Waters Edge Dr APT 202, Glendale Heights, IL, 60139 earns $409/mo cash flow from $2,305/mo rent with a $1,057/mo payment. Total monthly income totals $2,305/mo, and annual cash flow totals $4,908/yr on $71,604 capital. ROI tracks 26.76% on current figures, and rental yield reads 12.81% at a $216,000 purchase. Equity gained on principal adds $1,394/yr, and 5% annual appreciation supports $59,677 over five years. Five-year ROI reaches 142.99% and total cumulative return in cash sums $102,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,305/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$398 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,833 (100%) |
| Owner Occupied HU | 7,394 (62.5%) |
| Renter Occupied HU | 3,799 (32.1%) |
| Vacant Housing Units | 640 ( 5.4%) |
| Median Home Value | $268,330 |
| Average Home Value | $288,664 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
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Listed by: Angelo Maranda, ABR • A M Realty Services LLC
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12482248
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)