3604 Wilcox AveBellwoodIL60104
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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 Bellwood at 3604 Wilcox Ave, Bellwood, IL, 60104 uses $41,338 cash to close to unlock $1,133/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $959/mo, and a $610/mo payment keeps the spread at $94/mo. Purchase price stands at $124,700, and rental yield measures 9.23% with $959/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $34,452 over five years. Five-year ROI reaches 118.57% and total cumulative return in cash records $49,015. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $959/mo property income covering a $610/mo payment rather than investor’s personal income.
Single Family
Built in 1951
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60104, Bellwood, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,744 (100%) |
| Owner Occupied HU | 4,579 (67.9%) |
| Renter Occupied HU | 1,753 (26.0%) |
| Vacant Housing Units | 412 ( 6.1%) |
| Median Home Value | $232,014 |
| Average Home Value | $263,671 |
Housing Distribution
Address Breakdown
Residential
6,362
Single Family
5,486
Multi-Family
876
Businesses
326
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