20934 W Spruce LnPlainfieldIL60544
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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 Plainfield at 20934 W Spruce Ln, Plainfield, IL, 60544 listed at $318,000 pairs $3,144/mo rent with a $1,556/mo payment to leave $939/mo cash flow. Total monthly income runs $3,144/mo, and annual cash flow reaches $11,265/yr on $105,417 cash to close. Return on cash invested measures 30.6% in year one, and rental yield registers 11.86% at a $318,000 basis. Equity gained on principal adds $2,052/yr, and annual property appreciation at 5% supports $87,858 by year five. Five-year ROI tracks 161.13% and total cumulative return in cash totals $169,859. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,144/mo property income relative to a $1,556/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
2,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60544, Plainfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,576 (100%) |
| Owner Occupied HU | 9,109 (78.7%) |
| Renter Occupied HU | 2,073 (17.9%) |
| Vacant Housing Units | 394 ( 3.4%) |
| Median Home Value | $346,441 |
| Average Home Value | $377,883 |
Housing Distribution
Address Breakdown
Residential
10,857
Single Family
10,578
Multi-Family
279
Businesses
1,096
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Listed by: Peg Musielak • Keller Williams Infinity
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12541307