223 E 56th StWestmontIL60559
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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 Westmont at 223 E 56th St, Westmont, IL, 60559 earns $109/mo cash flow from $2,748/mo rent with a $1,200/mo payment. Total monthly income totals $2,748/mo, and annual cash flow totals $1,307/yr on $81,271 capital. ROI tracks 21.52% on current figures, and rental yield reads 13.45% at a $245,160 purchase. Equity gained on principal adds $1,582/yr, and 5% annual appreciation supports $67,733 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash sums $95,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,748/mo property income instead of your personal income.
Single Family
Built in 1961
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60559, Westmont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,676 (100%) |
| Owner Occupied HU | 6,529 (55.9%) |
| Renter Occupied HU | 4,489 (38.4%) |
| Vacant Housing Units | 658 ( 5.6%) |
| Median Home Value | $436,150 |
| Average Home Value | $515,152 |
Housing Distribution
Address Breakdown
Residential
10,423
Single Family
6,542
Multi-Family
3,881
Businesses
1,192
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