2124 Midhurst RdDowners GroveIL60516
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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 Downers Grove at 2124 Midhurst Rd, Downers Grove, IL, 60516 offers a 9.12% rental yield on a $512,500 purchase with $3,895/mo rent. Total monthly income registers $3,895/mo, and a $2,508/mo payment leaves $274/mo available for distribution. Annual cash flow reaches $3,288/yr on $168,613 to close, and return on cash invested stands at 22.01% in year one. Equity gained on principal adds $3,307/yr while 5% annual appreciation supports $141,594 over five years. Portfolio math shows five-year ROI at 115.22% and total cumulative return in cash at $194,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,895/mo property income against a $2,508/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
7,901 sqft lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60516, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,143 (100%) |
| Owner Occupied HU | 9,447 (77.8%) |
| Renter Occupied HU | 2,199 (18.1%) |
| Vacant Housing Units | 497 ( 4.1%) |
| Median Home Value | $445,381 |
| Average Home Value | $482,842 |
Housing Distribution
Address Breakdown
Residential
11,886
Single Family
9,346
Multi-Family
2,540
Businesses
290
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Listed by: Kathleen Hochstedt • Exit Real Estate Partners
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12482136
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)