245 Nora AveGlenviewIL60025
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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 Glenview at 245 Nora Ave, Glenview, IL, 60025 uses $112,710 cash to close to unlock $3,382/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,664/mo payment keeps the spread at $282/mo. Purchase price stands at $340,000, and rental yield measures 9.32% with $2,640/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 119.9% and total cumulative return in cash records $135,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6,190 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60025, Glenview, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,148 (100%) |
| Owner Occupied HU | 12,199 (75.5%) |
| Renter Occupied HU | 3,031 (18.8%) |
| Vacant Housing Units | 918 ( 5.7%) |
| Median Home Value | $536,596 |
| Average Home Value | $619,111 |
Housing Distribution
Address Breakdown
Residential
16,076
Single Family
11,813
Multi-Family
4,263
Businesses
1,495
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