241 S Main St UNIT 211BartlettIL60103
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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 Bartlett at 241 S Main St UNIT 211, Bartlett, IL, 60103 generates $2,933/mo in rent and, after a $1,335/mo payment, leaves $409/mo in cash flow. Total monthly income is $2,933/mo, and annual cash flow is $4,907/yr on $90,420 invested. Return on cash invested sits at 25.34% in year one, and rental yield is 12.9% on a $272,760 entry. Equity gained on principal adds $1,760/yr, while 5% annual appreciation builds toward $75,359 over five years. Five-year ROI reaches 135.97% and total cumulative return in cash sums $122,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,933/mo property income rather than buyer’s personal income.
Condo
Built in 2005
0.78 Acres lot
$N/A/sqft
$356 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60103, Bartlett, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,654 (100%) |
| Owner Occupied HU | 12,626 (86.2%) |
| Renter Occupied HU | 1,699 (11.6%) |
| Vacant Housing Units | 329 ( 2.2%) |
| Median Home Value | $356,237 |
| Average Home Value | $368,877 |
Housing Distribution
Address Breakdown
Residential
14,741
Single Family
13,944
Multi-Family
797
Businesses
629
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