245 Carlisle AveWestmontIL60559
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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 Westmont at 245 Carlisle Ave, Westmont, IL, 60559 priced at $409,900 converts $2,225/mo rent into after a $2,006/mo obligation. Total monthly income equals $2,225/mo. Return on cash invested prints 14.45% in year one, and rental yield reads 6.51% against a $409,900 entry. Equity gained on principal adds $2,645/yr, while 5% annual appreciation compiles into $113,248 by year five. Five-year ROI reaches 74.58% and total cumulative return in cash sums $101,344. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,225/mo property income covering a $2,006/mo payment, not borrower’s personal income.
Townhouse
Built in 1991
1,829 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60559, Westmont, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,676 (100%) |
| Owner Occupied HU | 6,529 (55.9%) |
| Renter Occupied HU | 4,489 (38.4%) |
| Vacant Housing Units | 658 ( 5.6%) |
| Median Home Value | $436,150 |
| Average Home Value | $515,152 |
Housing Distribution
Address Breakdown
Residential
10,423
Single Family
6,542
Multi-Family
3,881
Businesses
1,192
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