261 Montgomery LnWood DaleIL60191
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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 Wood Dale at 261 Montgomery Ln, Wood Dale, IL, 60191 offers $2,616/mo rent that, after a $1,285/mo payment, leaves $795/mo cash flow. Total monthly income is $2,616/mo, and annual cash flow is $9,541/yr on $87,019 cash. Return on cash invested measures 30.87% in year one, and rental yield stands at 11.96% at a $262,500 entry. Equity gained on principal adds $1,694/yr while 5% annual appreciation compounds into $72,524 by year five. Five-year ROI records 162.67% and total cumulative return in cash reaches $141,550. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,616/mo property income versus a $1,285/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1968
1,025 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60191, Wood Dale, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,751 (100%) |
| Owner Occupied HU | 4,478 (77.9%) |
| Renter Occupied HU | 1,064 (18.5%) |
| Vacant Housing Units | 209 ( 3.6%) |
| Median Home Value | $344,758 |
| Average Home Value | $366,061 |
Housing Distribution
Address Breakdown
Residential
5,574
Single Family
4,264
Multi-Family
1,310
Businesses
795
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