2402 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 2402 Glacier St, Pingree Grove, IL, 60140 with 5% annual appreciation on a $322,990 basis while $3,114/mo rent supports operations. Total monthly income totals $3,114/mo and a $1,581/mo payment preserves $675/mo for cash returns. Annual cash flow comes to $8,095/yr on $107,071 deployed, and return on cash invested reaches 27.47% in year one. Equity gained on principal adds $2,084/yr, and five-year appreciation sums $89,236 alongside rental yield of 11.57%. Five-year ROI measures 145.19% and total cumulative return in cash totals $155,454.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,114/mo property income versus a $1,581/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
2,745 sqft lot
$N/A/sqft
$199 monthly 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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Nearby investment properties with comparable prices
Listed by: Daynae Gaudio • Daynae Gaudio
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12344454
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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)