224 E 58th PlWestmontIL60559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westmont at 224 E 58th Pl, Westmont, IL, 60559 generates $2,521/mo in rent, after a $1,654/mo payment. Total monthly income is $2,521/mo. Return on cash invested sits at 17.65% in year one, and rental yield is 8.95% on a $338,000 entry. Equity gained on principal adds $2,181/yr, while 5% annual appreciation builds toward $93,383 over five years. Five-year ROI reaches 93.25% and total cumulative return in cash sums $104,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,521/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
$373 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices