240 Scott AveGlen EllynIL60137
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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 Glen Ellyn at 240 Scott Ave, Glen Ellyn, IL, 60137 listed at $565,000 pairs $3,032/mo rent with a $2,765/mo payment. Total monthly income runs $3,032/mo. Return on cash invested measures 14.34% in year one, and rental yield registers 6.44% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 73.92% and total cumulative return in cash totals $137,415. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,032/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60137, Glen Ellyn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,353 (100%) |
| Owner Occupied HU | 11,582 (75.4%) |
| Renter Occupied HU | 3,130 (20.4%) |
| Vacant Housing Units | 641 ( 4.2%) |
| Median Home Value | $534,216 |
| Average Home Value | $589,128 |
Housing Distribution
Address Breakdown
Residential
14,840
Single Family
11,430
Multi-Family
3,410
Businesses
896
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Listed by: Lauren Neslund • Advocate Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12520098