1624 Boeger AveWestchesterIL60154
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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 Westchester at 1624 Boeger Ave, Westchester, IL, 60154 offers a 10.18% rental yield on a $339,000 purchase with $2,875/mo rent. Total monthly income registers $2,875/mo, and a $1,659/mo payment leaves $524/mo available for distribution. Annual cash flow reaches $6,286/yr on $112,379 to close, and return on cash invested stands at 25.5% in year one. Equity gained on principal adds $2,188/yr while 5% annual appreciation supports $93,659 over five years. Portfolio math shows five-year ROI at 133.82% and total cumulative return in cash at $150,388. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,875/mo property income against a $1,659/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
6,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60154, Westchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 5,832 (83.8%) |
| Renter Occupied HU | 794 (11.4%) |
| Vacant Housing Units | 336 ( 4.8%) |
| Median Home Value | $310,555 |
| Average Home Value | $319,819 |
Housing Distribution
Address Breakdown
Residential
7,052
Single Family
6,845
Multi-Family
207
Businesses
669
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Listed by: Maurice Johnson • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12521054