255 S West Ave APT 214ElmhurstIL60126
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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 Elmhurst at 255 S West Ave APT 214, Elmhurst, IL, 60126 uses $45,747 cash to close to unlock $1,407/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,074/mo, and a $675/mo payment keeps the spread at $117/mo. Purchase price stands at $138,000, and rental yield measures 9.34% with $1,074/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 120.39% and total cumulative return in cash records $55,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,074/mo property income covering a $675/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60126, Elmhurst, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,498 (100%) |
| Owner Occupied HU | 13,608 (73.6%) |
| Renter Occupied HU | 3,686 (19.9%) |
| Vacant Housing Units | 1,204 ( 6.5%) |
| Median Home Value | $585,688 |
| Average Home Value | $651,050 |
Housing Distribution
Address Breakdown
Residential
17,771
Single Family
14,156
Multi-Family
3,615
Businesses
1,789
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