2800 Maple Ave APT 25ADowners GroveIL60515
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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 Downers Grove at 2800 Maple Ave APT 25A, Downers Grove, IL, 60515 listed at $145,000 pairs $2,701/mo rent with a $710/mo payment to leave $1,530/mo cash flow. Total monthly income runs $2,701/mo, and annual cash flow reaches $18,363/yr on $48,068 cash to close. Return on cash invested measures 58.11% in year one, and rental yield registers 22.35% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 310.26% and total cumulative return in cash totals $149,132. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,701/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
7.01 Acres lot
$N/A/sqft
$494 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60515, Downers Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,633 (100%) |
| Owner Occupied HU | 9,103 (72.1%) |
| Renter Occupied HU | 2,885 (22.8%) |
| Vacant Housing Units | 645 ( 5.1%) |
| Median Home Value | $518,927 |
| Average Home Value | $573,113 |
Housing Distribution
Address Breakdown
Residential
12,238
Single Family
8,757
Multi-Family
3,481
Businesses
1,888
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Listed by: Ricardo Orizaba • Illinois Real Estate Partners Inc
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12149270
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 09:06:36 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_17)