29W265 Lee RdWest 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
Rental property for sale in West Chicago at 29W265 Lee Rd, West Chicago, IL, 60185 generates $3,276/mo in rent and, after a $2,202/mo payment, leaves $155/mo in cash flow. Total monthly income is $3,276/mo, and annual cash flow is $1,865/yr on $149,142 invested. Return on cash invested sits at 21.16% in year one, and rental yield is 8.74% on a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 110.54% and total cumulative return in cash sums $164,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,276/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.28 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: Ronald Ohr • Avenue 1 Realty Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12513788