1631 Apple Tree LnWest ChicagoIL60185
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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 West Chicago at 1631 Apple Tree Ln, West Chicago, IL, 60185 listed at $280,000 pairs $1,958/mo rent with a $1,370/mo payment to leave $16/mo cash flow. Total monthly income runs $1,958/mo, and annual cash flow reaches $196/yr on $92,820 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 8.39% at a $280,000 basis. Equity gained on principal adds $1,807/yr, and annual property appreciation at 5% supports $77,359 by year five. Five-year ROI tracks 104.99% and total cumulative return in cash totals $97,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,958/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1996
1,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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Listed by: Diego Garcia-Cordero • StoneBridge Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12425513