3118 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
Investment property for sale in Elmwood Park at 3118 N 76th Ct, Elmwood Park, IL, 60707 earns $40/mo cash flow from $2,675/mo rent with a $1,859/mo payment. Total monthly income totals $2,675/mo, and annual cash flow totals $484/yr on $125,937 capital. ROI tracks 20.29% on current figures, and rental yield reads 8.45% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 105.91% and total cumulative return in cash sums $133,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,675/mo property income instead of your personal income.
Single Family
Built in 1930
3,780 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: Stivi Gjini • Keller Williams Thrive
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12520404