241 N Illinois StElmhurstIL60126
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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 Elmhurst at 241 N Illinois St, Elmhurst, IL, 60126 with 5% annual appreciation on a $1,500,000 basis while $18,703/mo rent supports operations. Total monthly income totals $18,703/mo and a $7,342/mo payment preserves $8,299/mo for cash returns. Annual cash flow comes to $99,582/yr on $486,000 deployed, and return on cash invested reaches 40.86% in year one. Equity gained on principal adds $9,679/yr, and five-year appreciation sums $414,422 alongside rental yield of 14.96%. Five-year ROI measures 216.1% and total cumulative return in cash totals $1,050,227.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $18,703/mo property income versus a $7,342/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2017
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
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Listed by: Vince Keller • Keller Williams Premiere Properties
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12161262
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