1776 Mimosa CtGlendale 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 1776 Mimosa Ct, Glendale Heights, IL, 60139 uses $110,390 cash to close to unlock $8,929/yr annual cash flow and $744/mo monthly cash flow. Total monthly income runs $3,054/mo, and a $1,630/mo payment keeps the spread at $744/mo. Purchase price stands at $333,000, and rental yield measures 11.01% with $3,054/mo rent. Return on cash invested shows 28% in year one, and 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 147.25% and total cumulative return in cash records $162,545. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,054/mo property income covering a $1,630/mo payment rather than investor’s personal income.
Single Family
Built in 1975
N/A lot
$N/A/sqft
No 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: Monica Morales • Extreme Realty LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12550479