3822 Joanne DrGlenviewIL60026
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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 Glenview at 3822 Joanne Dr, Glenview, IL, 60026 generates $5,567/mo in rent and, after a $3,906/mo payment, leaves $32/mo in cash flow. Total monthly income is $5,567/mo, and annual cash flow is $381/yr on $262,542 invested. Return on cash invested sits at 20.21% in year one, and rental yield is 8.37% on a $798,000 entry. Equity gained on principal adds $5,149/yr, while 5% annual appreciation builds toward $220,473 over five years. Five-year ROI reaches 105.38% and total cumulative return in cash sums $276,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,567/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
10,297 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60026, Glenview Nas, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,768 (100%) |
| Owner Occupied HU | 4,012 (69.6%) |
| Renter Occupied HU | 1,278 (22.2%) |
| Vacant Housing Units | 478 ( 8.3%) |
| Median Home Value | $661,570 |
| Average Home Value | $709,507 |
Housing Distribution
Address Breakdown
Residential
5,764
Single Family
4,260
Multi-Family
1,504
Businesses
512
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