340 N Illinois Ave, Glenwood, IL, 60425 | $62/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

Rental property for sale in Glenwood at 340 N Illinois Ave, Glenwood, IL, 60425 priced at $312,000 converts $2,226/mo rent into $62/mo cash flow after a $1,527/mo obligation. Total monthly income equals $2,226/mo, and annual cash flow totals $744/yr on $103,428 invested. Return on cash invested prints 20.63% in year one, and rental yield reads 8.56% against a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation compiles into $86,200 by year five. Five-year ROI reaches 107.67% and total cumulative return in cash sums $111,359. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,226/mo property income covering a $1,527/mo payment, not borrower’s personal income.

Single Family

Built in 1967

7,680 sqft lot

$N/A/sqft

No HOA