343 Washington AveGlencoeIL60022
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glencoe at 343 Washington Ave, Glencoe, IL, 60022 offers a 4.41% rental yield on a $1,795,000 purchase with $6,600/mo rent. 3% in year one. Equity gained on principal adds $11,583/yr while 5% annual appreciation supports $495,925 over five years. Portfolio math shows five-year ROI at 41.49% and total cumulative return in cash at $241,273. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,600/mo property income against a $8,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60022, Glencoe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,637 (87.2%) |
| Renter Occupied HU | 217 ( 7.2%) |
| Vacant Housing Units | 171 ( 5.7%) |
| Median Home Value | $1,145,833 |
| Average Home Value | $1,262,146 |
Housing Distribution
Address Breakdown
Residential
2,999
Single Family
2,843
Multi-Family
156
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices