19251 W Eaton AveElwoodIL60421
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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
Rental property for sale in Elwood at 19251 W Eaton Ave, Elwood, IL, 60421 generates $3,038/mo in rent and, after a $1,713/mo payment, leaves $610/mo in cash flow. Total monthly income is $3,038/mo, and annual cash flow is $7,325/yr on $116,025 invested. Return on cash invested sits at 26.22% in year one, and rental yield is 10.42% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 137.68% and total cumulative return in cash sums $159,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,038/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60421, Elwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,611 (100%) |
| Owner Occupied HU | 1,400 (86.9%) |
| Renter Occupied HU | 164 (10.2%) |
| Vacant Housing Units | 47 ( 2.9%) |
| Median Home Value | $287,189 |
| Average Home Value | $336,330 |
Housing Distribution
Address Breakdown
Residential
1,426
Single Family
1,426
Multi-Family
0
Businesses
87
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