39 W Conti Pkwy APT 1SElmwood ParkIL60707
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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 Elmwood Park at 39 W Conti Pkwy APT 1S, Elmwood Park, IL, 60707 with 5% annual appreciation on a $135,000 basis while $1,054/mo rent supports operations. Total monthly income totals $1,054/mo and a $661/mo payment preserves $117/mo for cash returns. Annual cash flow comes to $1,408/yr on $44,753 deployed, and return on cash invested reaches 23.06% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.37%. Five-year ROI measures 120.77% and total cumulative return in cash totals $54,049.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,054/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 60707, Elmwood Park, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,103 (100%) |
| Owner Occupied HU | 10,714 (62.6%) |
| Renter Occupied HU | 5,452 (31.9%) |
| Vacant Housing Units | 937 ( 5.5%) |
| Median Home Value | $338,856 |
| Average Home Value | $357,155 |
Housing Distribution
Address Breakdown
Residential
16,178
Single Family
10,741
Multi-Family
5,437
Businesses
689
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Listed by: Christina Ghanayem • Realty of America, LLC
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12481722