29W034 Lester StWest ChicagoIL60185
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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 West Chicago at 29W034 Lester St, West Chicago, IL, 60185 listed at $339,900 pairs $2,425/mo rent with a $1,664/mo payment to leave $67/mo cash flow. Total monthly income runs $2,425/mo, and annual cash flow reaches $804/yr on $112,677 cash to close. Return on cash invested measures 20.62% in year one, and rental yield registers 8.56% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 107.7% and total cumulative return in cash totals $121,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,425/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,468 (100%) |
| Owner Occupied HU | 8,127 (70.9%) |
| Renter Occupied HU | 2,617 (22.8%) |
| Vacant Housing Units | 724 ( 6.3%) |
| Median Home Value | $342,660 |
| Average Home Value | $378,860 |
Housing Distribution
Address Breakdown
Residential
10,918
Single Family
9,068
Multi-Family
1,850
Businesses
1,005
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Listed by: Zuleyda Mena • Century 21 TK Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12485864