2400 Haymond St,River Grove,IL,60171

Investment Highlights

Investment property for sale in River Grove at 2400 Haymond St, River Grove, IL, 60171 offers a 8.61% rental yield on a $220,000 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $1,077/mo payment leaves $52/mo available for distribution. Annual cash flow reaches $622/yr on $72,930 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 108.4% and total cumulative return in cash at $79,055. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.