340 Redwing DrDeerfieldIL60015
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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
Rental property for sale in Deerfield at 340 Redwing Dr, Deerfield, IL, 60015 offers $2,987/mo rent that, after a $2,447/mo payment. Total monthly income is $2,987/mo. Return on cash invested measures 16.43% in year one, and rental yield stands at 7.17% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 85.18% and total cumulative return in cash reaches $141,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,987/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60015, Deerfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,325 (100%) |
| Owner Occupied HU | 8,330 (80.7%) |
| Renter Occupied HU | 1,545 (15.0%) |
| Vacant Housing Units | 450 ( 4.4%) |
| Median Home Value | $617,589 |
| Average Home Value | $693,674 |
Housing Distribution
Address Breakdown
Residential
10,430
Single Family
9,027
Multi-Family
1,403
Businesses
1,195
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