19657 W Sharp RdElwoodIL60421
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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 Elwood at 19657 W Sharp Rd, Elwood, IL, 60421 offers a 4.7% rental yield on a $1,450,000 purchase with $5,676/mo rent. 18% in year one. Equity gained on principal adds $9,357/yr while 5% annual appreciation supports $400,608 over five years. Portfolio math shows five-year ROI at 46.2% and total cumulative return in cash at $217,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,676/mo property income against a $7,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10 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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