179 Rita Ct UNIT DBartlettIL60103
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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 Bartlett at 179 Rita Ct UNIT D, Bartlett, IL, 60103 uses $77,903 cash to close to unlock $7,274/yr annual cash flow and $606/mo monthly cash flow. Total monthly income runs $2,236/mo, and a $1,150/mo payment keeps the spread at $606/mo. Purchase price stands at $235,000, and rental yield measures 11.42% with $2,236/mo rent. Return on cash invested shows 29.25% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 153.94% and total cumulative return in cash records $119,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,236/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60103, Bartlett, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,654 (100%) |
| Owner Occupied HU | 12,626 (86.2%) |
| Renter Occupied HU | 1,699 (11.6%) |
| Vacant Housing Units | 329 ( 2.2%) |
| Median Home Value | $356,237 |
| Average Home Value | $368,877 |
Housing Distribution
Address Breakdown
Residential
14,741
Single Family
13,944
Multi-Family
797
Businesses
629
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