3831 Grove Ave UNIT 1SBrookfieldIL60513
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 Brookfield at 3831 Grove Ave UNIT 1S, Brookfield, IL, 60513 offers a 9.03% rental yield on a $235,000 purchase with $1,768/mo rent. Total monthly income registers $1,768/mo, and a $1,150/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,658/yr on $77,903 to close, and return on cash invested stands at 22.04% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 115.29% and total cumulative return in cash at $89,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,768/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60513, Brookfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,664 (100%) |
| Owner Occupied HU | 5,571 (72.7%) |
| Renter Occupied HU | 1,648 (21.5%) |
| Vacant Housing Units | 445 ( 5.8%) |
| Median Home Value | $337,185 |
| Average Home Value | $357,174 |
Housing Distribution
Address Breakdown
Residential
7,440
Single Family
6,348
Multi-Family
1,092
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Gade • Platinum Partners Realtors
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12463171