38433 N 5th AveSpring GroveIL60081
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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 Spring Grove at 38433 N 5th Ave, Spring Grove, IL, 60081 offers a 22.47% rental yield on a $214,900 purchase with $4,024/mo rent. Total monthly income registers $4,024/mo, and a $1,052/mo payment leaves $2,533/mo available for distribution. Annual cash flow reaches $30,399/yr on $71,239 to close, and return on cash invested stands at 62.58% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 332.71% and total cumulative return in cash at $237,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,024/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60081, Spring Grove, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,737 (100%) |
| Owner Occupied HU | 3,145 (84.2%) |
| Renter Occupied HU | 349 ( 9.3%) |
| Vacant Housing Units | 243 ( 6.5%) |
| Median Home Value | $353,066 |
| Average Home Value | $372,399 |
Housing Distribution
Address Breakdown
Residential
3,586
Single Family
3,586
Multi-Family
0
Businesses
307
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Listed by: Erika Ricardo • Netgar Investments Inc
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12472285