1918 Wilmette Ave UNIT BWilmetteIL60091
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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 Wilmette at 1918 Wilmette Ave UNIT B, Wilmette, IL, 60091 earns $1,259/mo cash flow from $4,380/mo rent with a $2,202/mo payment. Total monthly income totals $4,380/mo, and annual cash flow totals $15,113/yr on $149,142 capital. ROI tracks 30.04% on current figures, and rental yield reads 11.68% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 158.17% and total cumulative return in cash sums $235,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,380/mo property income instead of your personal income.
Townhouse
Built in 1968
1,817 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60091, Wilmette, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,598 (100%) |
| Owner Occupied HU | 8,510 (80.3%) |
| Renter Occupied HU | 1,468 (13.9%) |
| Vacant Housing Units | 620 ( 5.9%) |
| Median Home Value | $768,626 |
| Average Home Value | $890,982 |
Housing Distribution
Address Breakdown
Residential
10,487
Single Family
8,715
Multi-Family
1,772
Businesses
835
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