350 Cimarron Rd ELombardIL60148
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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 Lombard at 350 Cimarron Rd E, Lombard, IL, 60148 priced at $400,000 converts $2,864/mo rent into $89/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,864/mo, and annual cash flow totals $1,072/yr on $132,600 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 8.59% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 108.17% and total cumulative return in cash sums $143,440. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,864/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
5,081 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60148, Lombard, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,872 (100%) |
| Owner Occupied HU | 15,176 (66.4%) |
| Renter Occupied HU | 6,456 (28.2%) |
| Vacant Housing Units | 1,240 ( 5.4%) |
| Median Home Value | $357,055 |
| Average Home Value | $390,991 |
Housing Distribution
Address Breakdown
Residential
22,434
Single Family
15,389
Multi-Family
7,045
Businesses
2,092
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