2377 Glacier StPingree GroveIL60140
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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 Pingree Grove at 2377 Glacier St, Pingree Grove, IL, 60140 uses $107,734 cash to close to unlock $10,314/yr annual cash flow and $859/mo monthly cash flow. Total monthly income runs $3,114/mo, and a $1,591/mo payment keeps the spread at $859/mo. Purchase price stands at $324,990, and rental yield measures 11.5% with $3,114/mo rent. Return on cash invested shows 29.48% in year one, and 5% annual appreciation builds toward $89,789 over five years. Five-year ROI reaches 155.18% and total cumulative return in cash records $167,182. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,114/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Townhouse
Built in 2026
2,745 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60140, Hampshire, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,359 (100%) |
| Owner Occupied HU | 7,944 (84.9%) |
| Renter Occupied HU | 950 (10.2%) |
| Vacant Housing Units | 465 ( 5.0%) |
| Median Home Value | $362,049 |
| Average Home Value | $378,568 |
Housing Distribution
Address Breakdown
Residential
8,640
Single Family
8,637
Multi-Family
3
Businesses
327
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Listed by: Daynae Gaudio • Daynae Gaudio
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12546000