1636 Manchester 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 1636 Manchester Ave, Westchester, IL, 60154 offers a 11.12% rental yield on a $388,500 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $1,902/mo payment leaves $905/mo available for distribution. Annual cash flow reaches $10,858/yr on $128,788 to close, and return on cash invested stands at 28.34% in year one. Equity gained on principal adds $2,507/yr while 5% annual appreciation supports $107,335 over five years. Portfolio math shows five-year ROI at 149.02% and total cumulative return in cash at $191,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $1,902/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,650 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: Marty Dunne • Berkshire Hathaway HomeServices Chicago
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12533631