2935 Vernon AveBrookfieldIL60513
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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 Brookfield at 2935 Vernon Ave, Brookfield, IL, 60513 uses $128,954 cash to close to unlock $3,933/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $3,026/mo, and a $1,904/mo payment keeps the spread at $328/mo. Purchase price stands at $389,000, and rental yield measures 9.33% with $3,026/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 120.18% and total cumulative return in cash records $154,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,026/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1949
5,667 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60513, Brookfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,664 (100%) |
| Owner Occupied HU | 5,571 (72.7%) |
| Renter Occupied HU | 1,648 (21.5%) |
| Vacant Housing Units | 445 ( 5.8%) |
| Median Home Value | $337,185 |
| Average Home Value | $357,174 |
Housing Distribution
Address Breakdown
Residential
7,440
Single Family
6,348
Multi-Family
1,092
Businesses
441
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Listed by: Lindsey Paulus • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12521087