3015 N 76th CtElmwood ParkIL60707
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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 Elmwood Park at 3015 N 76th Ct, Elmwood Park, IL, 60707 generates $3,893/mo in rent, after a $3,426/mo payment. Total monthly income is $3,893/mo. Return on cash invested sits at 15.05% in year one, and rental yield is 6.67% on a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 77.74% and total cumulative return in cash sums $179,000. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,893/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
3,833 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60707, Elmwood Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,103 (100%) |
| Owner Occupied HU | 10,714 (62.6%) |
| Renter Occupied HU | 5,452 (31.9%) |
| Vacant Housing Units | 937 ( 5.5%) |
| Median Home Value | $338,856 |
| Average Home Value | $357,155 |
Housing Distribution
Address Breakdown
Residential
16,178
Single Family
10,741
Multi-Family
5,437
Businesses
689
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Listed by: Danielle Moy • @properties Christie's International Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12555269