2505 Spring St APT 3304WoodridgeIL60517
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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 Woodridge at 2505 Spring St APT 3304, Woodridge, IL, 60517 offers a 8.64% rental yield on a $205,000 purchase with $1,476/mo rent. Total monthly income registers $1,476/mo, and a $1,003/mo payment leaves $54/mo available for distribution. Annual cash flow reaches $653/yr on $67,958 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 109.01% and total cumulative return in cash at $74,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,476/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60517, Woodridge, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,533 (100%) |
| Owner Occupied HU | 8,718 (64.4%) |
| Renter Occupied HU | 4,257 (31.5%) |
| Vacant Housing Units | 558 ( 4.1%) |
| Median Home Value | $362,594 |
| Average Home Value | $399,063 |
Housing Distribution
Address Breakdown
Residential
13,541
Single Family
8,263
Multi-Family
5,278
Businesses
850
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