2247 Elm St, River Grove, IL, 60171 | $110/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in River Grove at 2247 Elm St, River Grove, IL, 60171 offers a 8.6% rental yield on a $479,000 purchase with $3,432/mo rent. Total monthly income registers $3,432/mo, and a $2,344/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,320/yr on $158,789 to close, and return on cash invested stands at 20.74% in year one. Equity gained on principal adds $3,091/yr while 5% annual appreciation supports $132,339 over five years. Portfolio math shows five-year ROI at 108.3% and total cumulative return in cash at $171,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,432/mo property income against a $2,344/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1953

4,920 sqft lot

$N/A/sqft

No HOA