1719 N 77th CtElmwood ParkIL60707
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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
Rental property for sale in Elmwood Park at 1719 N 77th Ct, Elmwood Park, IL, 60707 generates $3,054/mo in rent and, after a $1,810/mo payment, leaves $489/mo in cash flow. Total monthly income is $3,054/mo, and annual cash flow is $5,865/yr on $122,622 invested. Return on cash invested sits at 24.69% in year one, and rental yield is 9.91% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 129.48% and total cumulative return in cash sums $158,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,054/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60707, Elmwood Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,103 (100%) |
| Owner Occupied HU | 10,714 (62.6%) |
| Renter Occupied HU | 5,452 (31.9%) |
| Vacant Housing Units | 937 ( 5.5%) |
| Median Home Value | $338,856 |
| Average Home Value | $357,155 |
Housing Distribution
Address Breakdown
Residential
16,178
Single Family
10,741
Multi-Family
5,437
Businesses
689
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Listed by: Jonathan Zivojnovic • River Elm Properties
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12483968