2331 Carnation Dr UNIT 2331Crest HillIL60403
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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
Rental property for sale in Crest Hill at 2331 Carnation Dr UNIT 2331, Crest Hill, IL, 60403 generates $2,195/mo in rent and, after a $853/mo payment, leaves $801/mo in cash flow. Total monthly income is $2,195/mo, and annual cash flow is $9,615/yr on $57,764 invested. Return on cash invested sits at 36.55% in year one, and rental yield is 15.12% on a $174,250 entry. Equity gained on principal adds $1,124/yr, while 5% annual appreciation builds toward $48,142 over five years. Five-year ROI reaches 194.55% and total cumulative return in cash sums $112,379. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,195/mo property income rather than buyer’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
$185 monthly HOA
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Listed by: Kassandra Carey • Village Realty, Inc.
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12505831
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)