301 Sheldon Ave, Downers Grove, IL, 60515 | $75/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Downers Grove at 301 Sheldon Ave, Downers Grove, IL, 60515 offers a 8.55% rental yield on a $395,000 purchase with $2,814/mo rent. Total monthly income registers $2,814/mo, and a $1,933/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $894/yr on $130,943 to close, and return on cash invested stands at 20.59% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 107.48% and total cumulative return in cash at $140,742. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,814/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1951

7,100 sqft lot

$N/A/sqft

No 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