245 S Addison StBensenvilleIL60106
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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 Bensenville at 245 S Addison St, Bensenville, IL, 60106 offers a 10.21% rental yield on a $425,000 purchase with $3,616/mo rent. Total monthly income registers $3,616/mo, and a $2,080/mo payment leaves $668/mo available for distribution. Annual cash flow reaches $8,019/yr on $140,888 to close, and return on cash invested stands at 25.6% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 134.37% and total cumulative return in cash at $189,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,616/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60106, Bensenville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,699 (100%) |
| Owner Occupied HU | 4,261 (55.3%) |
| Renter Occupied HU | 3,126 (40.6%) |
| Vacant Housing Units | 312 ( 4.1%) |
| Median Home Value | $305,899 |
| Average Home Value | $330,691 |
Housing Distribution
Address Breakdown
Residential
7,084
Single Family
4,002
Multi-Family
3,082
Businesses
1,351
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Listed by: Jack Disimone • L.W. Reedy Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12431926