323 W Washington St, West Chicago, IL, 60185 | $90/mo Cash Flow

For Sale

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 West Chicago at 323 W Washington St, West Chicago, IL, 60185 offers a 8.63% rental yield on a $359,900 purchase with $2,587/mo rent. Total monthly income registers $2,587/mo, and a $1,762/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,082/yr on $119,307 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 108.72% and total cumulative return in cash at $129,710. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,587/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1840

8,600 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 60185, West Chicago, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,468 (100%)
Owner Occupied HU	8,127 (70.9%)
Renter Occupied HU	2,617 (22.8%)
Vacant Housing Units	724 ( 6.3%)
Median Home Value	$342,660
Average Home Value	$378,860