238 Hillcrest AveAddisonIL60101
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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 Addison at 238 Hillcrest Ave, Addison, IL, 60101 offers $4,020/mo rent that, after a $3,524/mo payment. Total monthly income is $4,020/mo. Return on cash invested measures 15.13% in year one, and rental yield stands at 6.7% at a $719,900 entry. Equity gained on principal adds $4,645/yr while 5% annual appreciation compounds into $198,895 by year five. Five-year ROI records 78.16% and total cumulative return in cash reaches $185,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,020/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60101, Addison, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,473 (100%) |
| Owner Occupied HU | 8,912 (66.1%) |
| Renter Occupied HU | 4,113 (30.5%) |
| Vacant Housing Units | 448 ( 3.3%) |
| Median Home Value | $334,016 |
| Average Home Value | $350,017 |
Housing Distribution
Address Breakdown
Residential
13,358
Single Family
9,382
Multi-Family
3,976
Businesses
1,937
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