329 S Monterey AveVilla ParkIL60181
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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 Villa Park at 329 S Monterey Ave, Villa Park, IL, 60181 offers a 7.18% rental yield on a $407,900 purchase with $2,441/mo rent. 47% in year one. Equity gained on principal adds $2,632/yr while 5% annual appreciation supports $112,695 over five years. Portfolio math shows five-year ROI at 85.38% and total cumulative return in cash at $115,452. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,441/mo property income against a $1,996/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60181, Villa Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,742 (100%) |
| Owner Occupied HU | 8,174 (64.2%) |
| Renter Occupied HU | 3,702 (29.1%) |
| Vacant Housing Units | 866 ( 6.8%) |
| Median Home Value | $315,340 |
| Average Home Value | $341,741 |
Housing Distribution
Address Breakdown
Residential
11,262
Single Family
8,834
Multi-Family
2,428
Businesses
1,778
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Listed by: Kevin Connell • L.W. Reedy Real Estate
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12544499