38603 N Pine Grove AveWadsworthIL60083
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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 Wadsworth at 38603 N Pine Grove Ave, Wadsworth, IL, 60083 generates $2,798/mo in rent and, after a $1,757/mo payment, leaves $308/mo in cash flow. Total monthly income is $2,798/mo, and annual cash flow is $3,696/yr on $119,009 invested. Return on cash invested sits at 23.02% in year one, and rental yield is 9.35% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 120.51% and total cumulative return in cash sums $143,419. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,798/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60083, Wadsworth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,658 (100%) |
| Owner Occupied HU | 3,079 (84.2%) |
| Renter Occupied HU | 434 (11.9%) |
| Vacant Housing Units | 145 ( 4.0%) |
| Median Home Value | $333,315 |
| Average Home Value | $382,460 |
Housing Distribution
Address Breakdown
Residential
3,583
Single Family
3,583
Multi-Family
0
Businesses
145
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