1811 Downing 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 1811 Downing Ave, Westchester, IL, 60154 uses $97,793 cash to close to unlock $308/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $2,072/mo, and a $1,444/mo payment keeps the spread at $26/mo. Purchase price stands at $295,000, and rental yield measures 8.43% with $2,072/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 105.53% and total cumulative return in cash records $103,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $1,444/mo payment rather than investor’s personal income.
Single Family
Built in 1949
6,664 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: Sean Bonselaar • Bons Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12498261