226 Shorewood Dr APT 2DGlendale HeightsIL60139
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
Investment property for sale in Glendale Heights at 226 Shorewood Dr APT 2D, Glendale Heights, IL, 60139 earns $47/mo cash flow from $1,311/mo rent with a $710/mo payment. Total monthly income totals $1,311/mo, and annual cash flow totals $563/yr on $48,068 capital. ROI tracks 21.08% on current figures, and rental yield reads 10.85% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 112.43% and total cumulative return in cash sums $54,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,311/mo property income instead of your personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60139, Glendale Heights, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,833 (100%) |
| Owner Occupied HU | 7,394 (62.5%) |
| Renter Occupied HU | 3,799 (32.1%) |
| Vacant Housing Units | 640 ( 5.4%) |
| Median Home Value | $268,330 |
| Average Home Value | $288,664 |
Housing Distribution
Address Breakdown
Residential
11,304
Single Family
7,755
Multi-Family
3,549
Businesses
665
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Listed by: Abhijit Leekha • Property Economics Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12312147
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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)