309 N River RdFox River GroveIL60021
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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 Fox River Grove at 309 N River Rd, Fox River Grove, IL, 60021 offers a 8.27% rental yield on a $238,000 purchase with $1,640/mo rent. 74% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 102.98% and total cumulative return in cash at $81,250. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,640/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60021, Fox River Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,195 (100%) |
| Owner Occupied HU | 1,773 (80.8%) |
| Renter Occupied HU | 337 (15.4%) |
| Vacant Housing Units | 85 ( 3.9%) |
| Median Home Value | $360,369 |
| Average Home Value | $385,809 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
1,988
Multi-Family
90
Businesses
189
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Listed by: Paula Hauck • RE/MAX Plaza
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12522730