3036 Downing AveWestchesterIL60154
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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 Westchester at 3036 Downing Ave, Westchester, IL, 60154 listed at $625,000 pairs $2,279/mo rent with a $3,059/mo payment. Total monthly income runs $2,279/mo. Return on cash invested measures 8.06% in year one, and rental yield registers 4.38% at a $625,000 basis. Equity gained on principal adds $4,033/yr, and annual property appreciation at 5% supports $172,676 by year five. Five-year ROI tracks 40.26% and total cumulative return in cash totals $82,777. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,279/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60154, Westchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,962 (100%) |
| Owner Occupied HU | 5,832 (83.8%) |
| Renter Occupied HU | 794 (11.4%) |
| Vacant Housing Units | 336 ( 4.8%) |
| Median Home Value | $310,555 |
| Average Home Value | $319,819 |
Housing Distribution
Address Breakdown
Residential
7,052
Single Family
6,845
Multi-Family
207
Businesses
669
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Listed by: Shlomo Arel • Kale Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12490465