1914 Springdale DrSpring GroveIL60081
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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 Spring Grove at 1914 Springdale Dr, Spring Grove, IL, 60081 uses $149,142 cash to close to unlock $6,569/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $3,668/mo, and a $2,202/mo payment keeps the spread at $547/mo. Purchase price stands at $449,900, and rental yield measures 9.78% with $3,668/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash records $190,078. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,668/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60081, Spring Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 3,145 (84.2%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 243 ( 6.5%) |
| Median Home Value | $353,066 |
| Average Home Value | $372,399 |
Housing Distribution
Address Breakdown
Residential
3,586
Single Family
3,586
Multi-Family
0
Businesses
307
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Listed by: Laurie Arslani • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12549888